Central Board of Direct Taxes specifies the following shares and debentures as long-term specified securities u/s 54EA

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..... sub-section (1) of section 54EA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the following shares and debentures as long-term specified securities, for the purposes of said section, namely : (a) shares to be issued by Reliance Patalganga Power Ltd., a public company registered under the Indian Companies Act, 1956 and having its registered office a .....

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..... fication is made by an assessee out of net consideration arising from transfer of long-term capital asset in accordance with the provisions of the said section : Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid shares and debentures specified in this notification allotted him in any manner within a period of three years from t .....

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