Notification No. 5E

Following shares and debentures as the specified securities specified under section 54EA

What this is

Notification No. 5E was published on 2 January 1998. Its subject is Following shares and debentures as the specified securities specified under section 54EA.

This notifies a named person, body, fund or instrument for the purpose of a provision. Nothing in it changes the provision itself.

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.54EA	no counterpart recorded

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

In exercise of the powers conferred by 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 the specified securities for the purpose of the said section, namely:---

Shares to be issued within a period of one year from the date of the publication of this notification by the Apollo Infrastructure Projects Finance Co. Ltd., not exceeding Rs. 120 crores transferable after three years.

[Notification No. 10491/F. No. 178/84/97-ITA-I

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Notification No. 11314 — Following equity shares as long-term specified securities specified under section 54EA 31 March 2000
S.O. 313(E) — Following equity and preference shares and bond and debentures long-term specified securities specified under section 54 30 March 2000
Notification No. 11312 — Following equity and preference shares and bond and debentures long-term specified securities specified under section 54 30 March 2000
Notification No. 11310 — Following equity shares as long-term specified securities specified under section 54EA 30 March 2000
S.O. 279(E) — Following bonds as long-term specified securities specified under section 54EA 28 March 2000
Notification No. 11289 — Following equity shares as long-term specified securities specified under section 54EA 28 March 2000

← Notification No. 10E · Notification No. 921E →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.