<s>[INST] What is the time limit to invest in the new asset by the eligible company? [/INST] The eligible company should utilize the amount for the purchase of new assets within 1 year from the date of subscription in equity shares by the assessee.

If the company does not utilize the amount for the purchase new asset before the due date of furnishing of return of income by the transferor (assessee), it shall be deposited by the company in the capital gain account scheme. </s>