TMI BlogWhether employees and ex‑employees could be regarded as persons not falling within the meaning of the expression “Public”.X X X X Extracts X X X X X X X X Extracts X X X X ..... s and ex ‑ employees could be regarded as persons not falling within the meaning of the expression Public occurring in section 58A(1) It has come to the notice of this Department that some companies are under the mistaken impression that employees and ex‑employees are to be regarded as persons not falling within the meaning of the expression public occurring under section 58A( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e also to be regarded as those falling in the category of public and the deposit accepted from them would as much attract the provisions of section 58A and the rules made thereunder as deposits from other categories of Public . - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - Ta ..... X X X X Extracts X X X X X X X X Extracts X X X X
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