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    <title>Central Board of Direct Taxes specifies the various equity shares as long-term specified securities u/s 54EB</title>
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    <description>The notification designates certain equity shares issued by a specified public company as long-term specified securities for reinvestment of net consideration from transfer of long-term capital assets, subject to issuance within a limited period and an aggregate limit. It conditions the reinvestment benefit on investment from net consideration and provides that if the allotted shares are transferred or converted into money within the prescribed holding period, the initial investment will be chargeable to tax under the head Capital Gains.</description>
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      <description>The notification designates certain equity shares issued by a specified public company as long-term specified securities for reinvestment of net consideration from transfer of long-term capital assets, subject to issuance within a limited period and an aggregate limit. It conditions the reinvestment benefit on investment from net consideration and provides that if the allotted shares are transferred or converted into money within the prescribed holding period, the initial investment will be chargeable to tax under the head Capital Gains.</description>
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