Investment in specified securities under section 54EB triggers capital gains charge if converted or transferred within seven years. Notification authorises M/s Bharati Telenet Limited to issue specified equity shares and debentures or bonds within one year for investment of net consideration from transfer of long term capital assets, and provides that if the allotted securities are transferred or converted into money within seven years of allotment the initial investment shall be chargeable to tax as Capital Gain under the section.