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<h1>CBDT Specifies Eligible Securities Under Section 54EA: Shares and Debentures Issued by Public Company with Conditions</h1> The Central Board of Direct Taxes, under section 54EA of the Income-tax Act, 1961, specifies certain shares and debentures as eligible securities. These include shares issued by a specified public company, up to Rs. 150 crores, non-transferable for three years, and allotted within a year of this notification. Additionally, debentures from the same company, up to Rs. 300 crores, are specified, non-transferable or convertible for three years, and must also be allotted within one year. These securities are issued by a company registered under the Indian Companies Act, 1956, with its registered office in Bombay.