https://www.taxtmi.com/notifications?id=13296 Specification designates equity shares issued by M/s Reliance Ports and Terminals Limited as qualifying investments for reinvestment relief under section 54EA, to be issued within one year and subject to an aggregate limit not exceeding sixty-six crores, provided investment is made from net consideration of transfer of a long-term capital asset. If the assessee converts or transfers the allotted shares within three years, the initial investment is chargeable to tax as a capital gain under the recapture provision. en-us Fri, 06 Aug 1999 00:00:00 +0530 Tue, 16 Sep 2008 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=13296 Specification designates equity shares issued by M/s Reliance Ports and Terminals Limited as qualifying investments for reinvestment relief under section 54EA, to be issued within one year and subject to an aggregate limit not exceeding sixty-six crores, provided investment is made from net consideration of transfer of a long-term capital asset. If the assessee converts or transfers the allotted shares within three years, the initial investment is chargeable to tax as a capital gain under the recapture provision. Notifications Income Tax Fri, 06 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/notifications?id=13296