https://www.taxtmi.com/notifications?id=13009 Specification under section 54EA designates fully convertible debentures and bonds to be issued by Koshika Telecom Ltd as eligible reinvestment securities for long-term capital gains; issuance is limited to one year from publication and to specified aggregate amounts. Investment must be made out of income chargeable as Capital gains, and if the debentures, bonds or shares on conversion are converted into money or transferred within seven years of allotment, the initial investment is chargeable to tax as Capital gain under subsection (2) of section 54EA. en-us Fri, 13 Nov 1998 00:00:00 +0530 Mon, 15 Sep 2008 13:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=13009 Specification under section 54EA designates fully convertible debentures and bonds to be issued by Koshika Telecom Ltd as eligible reinvestment securities for long-term capital gains; issuance is limited to one year from publication and to specified aggregate amounts. Investment must be made out of income chargeable as Capital gains, and if the debentures, bonds or shares on conversion are converted into money or transferred within seven years of allotment, the initial investment is chargeable to tax as Capital gain under subsection (2) of section 54EA. Notifications Income Tax Fri, 13 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/notifications?id=13009