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    <title>Central Board of Direct Taxes specifies fully convertible debentures and bonds issued by Koshika Telecom Ltd. u/s 54EA</title>
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    <description>Specification under section 54EA designates fully convertible debentures and bonds issued by Koshika Telecom Ltd. as eligible investments where the assessee invests net consideration from the transfer of a long term capital asset. If the assessee converts into money or transfers those securities or the shares on conversion within three years of allotment, the initial investment shall be chargeable to tax as capital gain under sub section (2) of section 54EA.</description>
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    <pubDate>Fri, 13 Nov 1998 00:00:00 +0530</pubDate>
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      <title>Central Board of Direct Taxes specifies fully convertible debentures and bonds issued by Koshika Telecom Ltd. u/s 54EA</title>
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      <description>Specification under section 54EA designates fully convertible debentures and bonds issued by Koshika Telecom Ltd. as eligible investments where the assessee invests net consideration from the transfer of a long term capital asset. If the assessee converts into money or transfers those securities or the shares on conversion within three years of allotment, the initial investment shall be chargeable to tax as capital gain under sub section (2) of section 54EA.</description>
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      <pubDate>Fri, 13 Nov 1998 00:00:00 +0530</pubDate>
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