Long-term specified securities designation allows rollover from long-term capital asset; withdrawal within seven years triggers capital gains tax. Central Board of Direct Taxes designates specified equity shares of Konaseema EPS Oakwell Power Ltd. as long-term specified securities for section 54EB, allowing investment of net consideration from transfer of a long-term capital asset into those shares issued within one year; if the allotted shares are transferred or converted into money within seven years, the initial investment is chargeable to tax under the head 'Capital Gains'.