Capital gains on purchase by company of its own shares or other specified securities (Buy-Back of Shares)- (New) section 69 / (Old) Section 46A https://www.taxtmi.com/manuals?id=1220 Capital gains on buy-back of shares or specified securities are computed with reference to the consideration received and cost of acquisition. Under the new section 69, buy-back consideration is deemed capital gains, and promoter buy-backs under the Companies Act attract an additional income-tax charge in addition to normal capital gains tax. The note also explains the earlier section 46A regime, the deemed-dividend treatment for domestic company buy-backs from 01.10.2024, and the special treatment of listed share buy-backs and specified securities. en-us Wed, 23 Sep 2015 16:52:00 +0530 Wed, 03 Jun 2026 17:39:00 +0530 TaxTMI RSS Generator Capital gains on purchase by company of its own shares or other specified securities (Buy-Back of Shares)- (New) section 69 / (Old) Section 46A https://www.taxtmi.com/manuals?id=1220 Capital gains on buy-back of shares or specified securities are computed with reference to the consideration received and cost of acquisition. Under the new section 69, buy-back consideration is deemed capital gains, and promoter buy-backs under the Companies Act attract an additional income-tax charge in addition to normal capital gains tax. The note also explains the earlier section 46A regime, the deemed-dividend treatment for domestic company buy-backs from 01.10.2024, and the special treatment of listed share buy-backs and specified securities. Manuals Income Tax Wed, 23 Sep 2015 16:52:00 +0530 https://www.taxtmi.com/manuals?id=1220