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    <title>Central Board of Direct Taxes specifies the following assets, as the long term specified assets u/s 54EB</title>
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    <description>The notification designates equity shares issued by Ushdev International Ltd. within one year and non-transferable for seven years, and debentures issued within one year and transferable or convertible only after seven years, as long term specified assets for the reinvestment tax provision, establishing issuance timing and post-issuance transferability/convertibility conditions that determine eligibility for the specified tax treatment.</description>
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      <description>The notification designates equity shares issued by Ushdev International Ltd. within one year and non-transferable for seven years, and debentures issued within one year and transferable or convertible only after seven years, as long term specified assets for the reinvestment tax provision, establishing issuance timing and post-issuance transferability/convertibility conditions that determine eligibility for the specified tax treatment.</description>
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