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Income Tax | Court-Approved Capital Reduction Cannot Be Taxed as Buyback Under Section 115QA: ITAT Delhi
ITAT Delhi holds court-approved capital reduction distinct from buyback, deletes Section 115QA tax and allows interest deductions. The post Court-Approved Capital Reduction Cannot Be Taxed as Buyback Under Section 115QA: ITAT Delhi appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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