https://www.taxtmi.com/notifications?id=7919 Approval under section 54A designates specified investments as qualifying reinvestments of capital gains: National Savings Certificates (First Issue), 12 Year National Defence Certificates, 10 Year Defence Deposit Certificates, subscriptions to government securities, and subscriptions to qualifying initial public issues of ordinary shares in companies engaged in power or specified manufacturing. The notification specifies authorised offices for purchase or subscription and sets conditions on share issues including initial issue status, prospectus delivery, prohibition of premium, restrictions on issuance for goodwill, and requirement that consideration for asset transfers be at book value. en-us Tue, 24 Jan 1967 00:00:00 +0530 Tue, 12 Aug 2008 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=7919 Approval under section 54A designates specified investments as qualifying reinvestments of capital gains: National Savings Certificates (First Issue), 12 Year National Defence Certificates, 10 Year Defence Deposit Certificates, subscriptions to government securities, and subscriptions to qualifying initial public issues of ordinary shares in companies engaged in power or specified manufacturing. The notification specifies authorised offices for purchase or subscription and sets conditions on share issues including initial issue status, prospectus delivery, prohibition of premium, restrictions on issuance for goodwill, and requirement that consideration for asset transfers be at book value. Notifications Income Tax Tue, 24 Jan 1967 00:00:00 +0530 https://www.taxtmi.com/notifications?id=7919