Capital gains exemption: specified long-term debentures qualify for reinvestment relief under section 54EB as notified. The notification specifies debentures to be issued by Reliance Utilities and Power Limited as long-term specified assets for purposes of section 54EB, making such debentures qualifying instruments for capital gains reinvestment relief, subject to prescribed aggregate issuance limits and a deferred transferability or convertibility condition.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Capital gains exemption: specified long-term debentures qualify for reinvestment relief under section 54EB as notified.
The notification specifies debentures to be issued by Reliance Utilities and Power Limited as long-term specified assets for purposes of section 54EB, making such debentures qualifying instruments for capital gains reinvestment relief, subject to prescribed aggregate issuance limits and a deferred transferability or convertibility condition.
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