674E : Notification: S.O.674(E) Date of Issue: 25/9/1997
Notification No.
674E
Notification Date
25/09/1997
Upload Date
25/09/1997
Notification: S.O.674(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 purposes of the said section, namely :---
Debentures to be issued by Reliance Utilities and Power Limited, not exceeding Rs. 200 crores transferable or convertible after seven years.
[Notification No. 10417/F. No. 178/60/97-ITA-I]