https://www.taxtmi.com/notifications?id=13821 Specification under section 54EB designates equity shares of Information Technology Park Ltd as long-term specified securities, subject to issuance within one year and a capped aggregate issue amount; investment must be made out of net consideration from transfer of a long-term capital asset. If the assessee transfers or realizes the allotted specified shares within seven years of allotment, the initial investment shall be chargeable to tax as Capital gains in accordance with the section. en-us Thu, 23 Mar 2000 00:00:00 +0530 Fri, 19 Sep 2008 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=13821 Specification under section 54EB designates equity shares of Information Technology Park Ltd as long-term specified securities, subject to issuance within one year and a capped aggregate issue amount; investment must be made out of net consideration from transfer of a long-term capital asset. If the assessee transfers or realizes the allotted specified shares within seven years of allotment, the initial investment shall be chargeable to tax as Capital gains in accordance with the section. Notifications Income Tax Thu, 23 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/notifications?id=13821