https://www.taxtmi.com/notifications?id=13321 Notification identifies specified fully convertible debentures and bonds issued by Koshika Telecom Limited as qualifying investments under section 54EB, limited to issues within one year and subject to stated upper limits, provided the investment is made out of income chargeable as Capital gains from transfer of a long-term capital asset; if the debentures, bonds or resulting shares are converted into money or transferred within seven years of allotment, the initial investment shall be chargeable to tax as Capital gain in accordance with the statutory recapture provision. en-us Fri, 20 Aug 1999 00:00:00 +0530 Tue, 16 Sep 2008 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=13321 Notification identifies specified fully convertible debentures and bonds issued by Koshika Telecom Limited as qualifying investments under section 54EB, limited to issues within one year and subject to stated upper limits, provided the investment is made out of income chargeable as Capital gains from transfer of a long-term capital asset; if the debentures, bonds or resulting shares are converted into money or transferred within seven years of allotment, the initial investment shall be chargeable to tax as Capital gain in accordance with the statutory recapture provision. Notifications Income Tax Fri, 20 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/notifications?id=13321