https://www.taxtmi.com/notifications?id=13859 Central Board of Direct Taxes designates equity shares of M/s D.C. Power Ltd. as long-term specified securities under section 54EA, applicable to shares issued within one year and subject to an aggregate issue limit. Investment must be made from the net consideration of a transfer of a long-term capital asset. If the assessee transfers or converts the allotted shares into money or otherwise disposes of them within three years from allotment, the initial investment shall be chargeable to tax as capital gains under the said section. en-us Fri, 31 Mar 2000 00:00:00 +0530 Sat, 20 Sep 2008 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=13859 Central Board of Direct Taxes designates equity shares of M/s D.C. Power Ltd. as long-term specified securities under section 54EA, applicable to shares issued within one year and subject to an aggregate issue limit. Investment must be made from the net consideration of a transfer of a long-term capital asset. If the assessee transfers or converts the allotted shares into money or otherwise disposes of them within three years from allotment, the initial investment shall be chargeable to tax as capital gains under the said section. Notifications Income Tax Fri, 31 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/notifications?id=13859