TaxSaral

Quiz / Detailed Explainer

Taxation in Case of Buyback of Securities

Capital Gains — Sections 69 & 196

Test your understanding of how share buybacks are taxed — nil tax on the company, capital gains in shareholders' hands, and the Section 196 additional tax that applies when the seller is a promoter.

6 questions · Medium · no time limit · every answer explained

Questions and answer options are shuffled every time you start.