From Section 115QA to Deemed Dividend: How the new Buyback provisions favour foreign investors? Buyback under earlier provisions: 1. Prior to 1st October 2024, buy-back of shares by an Indian company was governed by section 115QA of the Income-tax Act, 1961. 2. Under this provision, the company undertaking the buy-back was liable to pay…
The post From Section 115QA to Deemed Dividend: How the new Buyback provisions favour foreign investors? appeared first on The Tax Talk.