https://www.taxtmi.com/notifications?id=13858 Specification of eligible long-term securities under section 54EB: particular equity and preference shares and bonds and debentures issued by a named public company, to be issued within one year from the notification and subscribed out of the net consideration arising from transfer of a long-term capital asset. If the assessee transfers or converts into money the specified securities allotted to him within seven years of allotment, the initial investment shall be chargeable to tax under the head Capital gains in accordance with section 54EB. en-us Thu, 30 Mar 2000 00:00:00 +0530 Sat, 20 Sep 2008 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=13858 Specification of eligible long-term securities under section 54EB: particular equity and preference shares and bonds and debentures issued by a named public company, to be issued within one year from the notification and subscribed out of the net consideration arising from transfer of a long-term capital asset. If the assessee transfers or converts into money the specified securities allotted to him within seven years of allotment, the initial investment shall be chargeable to tax under the head Capital gains in accordance with section 54EB. Notifications Income Tax Thu, 30 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/notifications?id=13858