Thursday, February 6, 2020

Sec. 46A being charging provision for taxability of buy-back of shares would prevail over general provision

INCOME TAX : Where parent company was not holding whole of share capital of subsidiary company along with nominees, transaction of buy back of shares was not covered under section 47(iv)

from www.taxmann.com Latest Case Laws https://ift.tt/2OyzIVP
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