https://www.taxtmi.com/acts?id=51600 Capital gains arise when a shareholder or holder of other specified securities receives consideration from a company for the purchase of its own shares or specified securities. Subject to section 72, the gain is the difference between the cost of acquisition and the consideration received, and it accrues in the year of purchase. Where the buy-back is in accordance with the Companies Act, 2013 and the shareholder is a promoter, additional income-tax applies at rates linked to the nature of the capital gain and the promoter's status. en-us Wed, 13 Aug 2025 19:01:45 +0530 Sat, 04 Apr 2026 11:24:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51600 Capital gains arise when a shareholder or holder of other specified securities receives consideration from a company for the purchase of its own shares or specified securities. Subject to section 72, the gain is the difference between the cost of acquisition and the consideration received, and it accrues in the year of purchase. Where the buy-back is in accordance with the Companies Act, 2013 and the shareholder is a promoter, additional income-tax applies at rates linked to the nature of the capital gain and the promoter's status. Act-Rules Income Tax Wed, 13 Aug 2025 19:01:45 +0530 https://www.taxtmi.com/acts?id=51600