Tuesday, February 10, 2009

TATA Capital Secured Non-Convertible Debentures (NCDs)

Issue details

  • No income tax is deductible at source as per the provisions of Section 193 of the I.T Act on interest on debentures issued by a company in a dematerialized form listed on recognized stock exchange in India
  • The NCDs will be issued in Demat mode only.

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