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Read more about the article Understanding Section 115-QA of the Income Tax Act: Tax on Distributed Income to Shareholders During Buy-Back of Shares

Understanding Section 115-QA of the Income Tax Act: Tax on Distributed Income to Shareholders During Buy-Back of Shares

In the realm of corporate taxation, share buy-backs are a significant mechanism for returning capital to shareholders. The Indian Income Tax Act, 1961, under Section 115-QA, outlines special provisions for…

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