https://www.taxtmi.com/highlights?id=50851 Gains arising on buy-back of shares taxable u/s 46A or under section 45 - “Transfer” in section 46A - section 45 and section 46A operate in different fields. Section 45 covers actual capital gain on transfer of a capital asset but section 46A is about Deemed Capital gains on buy back of shares - section 46A is applicable in the present case. en-us Mon, 23 Dec 2019 16:38:23 +0530 Mon, 23 Dec 2019 16:38:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50851 Gains arising on buy-back of shares taxable u/s 46A or under section 45 - “Transfer” in section 46A - section 45 and section 46A operate in different fields. Section 45 covers actual capital gain on transfer of a capital asset but section 46A is about Deemed Capital gains on buy back of shares - section 46A is applicable in the present case. Highlights Income Tax Mon, 23 Dec 2019 16:38:23 +0530 https://www.taxtmi.com/highlights?id=50851