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        Income Tax

        Central Board of Direct Taxes specifies the following equity shares issued by Messrs. Energy Development Company Ltd., Bangalore u/s 54EB - S. O. 585(E) - Income Tax Act, 1961

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        Long-term specified securities under section 54EB designated for specified equity shares, subject to timing and transfer restrictions. Equity shares issued by Messrs. Energy Development Company Ltd., Bangalore are designated as long-term specified securities under section 54EB, provided they are issued within one year of publication, subject to an aggregate issuance ceiling, and remain non-transferable for seven years from allotment.
                        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.

                              Long-term specified securities under section 54EB designated for specified equity shares, subject to timing and transfer restrictions.

                              Equity shares issued by Messrs. Energy Development Company Ltd., Bangalore are designated as long-term specified securities under section 54EB, provided they are issued within one year of publication, subject to an aggregate issuance ceiling, and remain non-transferable for seven years from allotment.


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