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    <title>Exemption from capital gains : Long-term capital assets for reinvestment specified - Reliance Telecom Ltd</title>
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    <description>Notification specifies that Reliance Telecom Ltd may issue equity and debentures within one year, and that investment of long-term capital gains in those specified instruments qualifies for exemption under section 54EA; if the allotted instruments are transferred within three years, the initial investment is chargeable to tax as capital gains under sub-section (2) of section 54EA.</description>
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      <description>Notification specifies that Reliance Telecom Ltd may issue equity and debentures within one year, and that investment of long-term capital gains in those specified instruments qualifies for exemption under section 54EA; if the allotted instruments are transferred within three years, the initial investment is chargeable to tax as capital gains under sub-section (2) of section 54EA.</description>
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