Capital gains reinvestment condition: specified convertible debentures and bonds qualify subject to a seven-year transfer clawback. Notification identifies specified fully convertible debentures and bonds issued by Koshika Telecom Limited as qualifying investments under section 54EB, limited to issues within one year and subject to stated upper limits, provided the investment is made out of income chargeable as Capital gains from transfer of a long-term capital asset; if the debentures, bonds or resulting shares are converted into money or transferred within seven years of allotment, the initial investment shall be chargeable to tax as Capital gain in accordance with the statutory recapture provision.