Insertion of new section 54ED

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..... ain cases.- (1) Where the capital gain arises from the transfer of a long-term capital asset, being listed securities or unit (the capital asset so transferred being hereafter in this section referred to as the original asset), and the assessee has, within a period of six months after the date of such transfer, invested the whole or any part of the capital gain in acquiring equity shares forming .....

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..... on 45. Explanation.-For the purposes of this sub-section- (i) "eligible issue of capital" means an issue of equity shares which satisfies the following conditions, namely;- (a) the issue is made by a public company formed and registered in India ; (b) the shares forming part of the issue are offered for subscription to the public ; (ii) "listed securities" shall have the same meaning as .....

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