https://www.taxtmi.com/notifications?id=13253 The Board specifies that Fully Convertible Debentures and Deep Discount Bonds issued by Noida Toll Bridge Company Limited, to be allotted within one year, qualify for reinvestment of net consideration from transfer of long-term capital assets only if invested in accordance with the reinvestment provision; if such securities are converted, transferred or realised within seven years of allotment, the initial investment is to be taxed as a capital gain. en-us Tue, 06 Jul 1999 00:00:00 +0530 Tue, 16 Sep 2008 15:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=13253 The Board specifies that Fully Convertible Debentures and Deep Discount Bonds issued by Noida Toll Bridge Company Limited, to be allotted within one year, qualify for reinvestment of net consideration from transfer of long-term capital assets only if invested in accordance with the reinvestment provision; if such securities are converted, transferred or realised within seven years of allotment, the initial investment is to be taxed as a capital gain. Notifications Income Tax Tue, 06 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/notifications?id=13253