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Ca Arvind Singh

Latest Posts by Ca Arvind Singh

Taxation of Buy Back of Shares

May 17, 2021 223446 Views 8 comments Print

Company ♦ Section 115QA, which provides for the levy of tax, on account of buy-back of shares, at an effective rate of 23.296% (20% + 12% SC + 4% H&EC) ♦ Buy-Back Tax has to be paid by the company on the distributed income which is nothing but the consideration paid by the company on […]

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