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    <title>Central Board of Direct Taxes specifies Noida Toll Bridge Company Limited u/s 54EB</title>
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    <description>The notification specifies that Noida Toll Bridge Company Limited may issue Fully Convertible Debentures and Deep Discount Bonds within one year for purposes of section 54EB, and that investment must be made from net consideration of a long term capital asset; if the allotted specified securities are transferred or converted into money within seven years of allotment, the initial investment shall be chargeable to tax as capital gain under the section.</description>
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      <description>The notification specifies that Noida Toll Bridge Company Limited may issue Fully Convertible Debentures and Deep Discount Bonds within one year for purposes of section 54EB, and that investment must be made from net consideration of a long term capital asset; if the allotted specified securities are transferred or converted into money within seven years of allotment, the initial investment shall be chargeable to tax as capital gain under the section.</description>
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      <pubDate>Tue, 06 Jul 1999 00:00:00 +0530</pubDate>
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