671E : Notification: S.O.671(E) Date of Issue: 25/9/1997
Notification No.
671E
Notification Date
25/09/1997
Upload Date
25/09/1997
Notification: S.O.671(E)
Section(s) Referred: 54EB ,54EB(1)
Statute: INCOME TAX
Date of Issue: 25/9/1997
In exercise of the powers conferred by sub-section (1) of section 54EB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the following assets, as the long-term specified assets, for the purpose of the said section, namely :--
Debentures to be issued by Reliance Ports and Terminals Limited not exceeding Rs. 100 crores transferable or convertible after seven years.
[Notification No. 10418/F. No. 178/59/97-I(TA-I)]