https://www.taxtmi.com/acts?id=49516 Where a shareholder or holder of specified securities receives consideration from a company for purchase of its own shares or specified securities, the difference between the cost of acquisition and the consideration received is deemed to be the capital gains of that shareholder or holder in the year in which the company purchases those shares or securities, subject to the provisions of section 48; "specified securities" has the meaning given in the Explanation to section 77A of the Companies Act, 1956. en-us Sat, 22 Feb 2025 10:57:27 +0530 Sat, 22 Feb 2025 10:57:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49516 Where a shareholder or holder of specified securities receives consideration from a company for purchase of its own shares or specified securities, the difference between the cost of acquisition and the consideration received is deemed to be the capital gains of that shareholder or holder in the year in which the company purchases those shares or securities, subject to the provisions of section 48; "specified securities" has the meaning given in the Explanation to section 77A of the Companies Act, 1956. Act-Rules F. Acts / Amendment Acts Sat, 22 Feb 2025 10:57:27 +0530 https://www.taxtmi.com/acts?id=49516