TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Certain Equity Shares Designated as Long-Term Specified Securities Under Section 54EA of Income-tax Act 1961</h1> The Central Board of Direct Taxes has designated certain equity shares as long-term specified securities under Section 54EA of the Income-tax Act, 1961. These shares are to be issued by Information Technology Park Ltd., a public company, within one year from the notification date, with a total amount not exceeding Rs. 100 crores. Investments must be made from the net consideration of a long-term capital asset transfer. If the equity shares are transferred or converted into money within three years of allotment, the initial investment will be subject to capital gains tax as per the Act's provisions.
TaxTMI 
TaxTMI 
