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capital-reduction

Delhi HC: Share Buy-Back Is Capital Reduction, Not Asset Acquisition

The Delhi High Court ruled that share buy-backs represent capital reduction, not asset acquisition, because extinguished shares cannot qualify as 'property received.' The decision directly alters how buy-back transactions are taxed under Indian law, favoring companies contesting asset-acquisition characterizations by

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capital-reduction

Share buy-back is capital reduction, not acquisition of assets, says Delhi HC

The Delhi High Court ruled that share buy-backs represent capital reduction, not asset acquisition, because extinguished shares cannot qualify as 'property received.' The decision directly alters how buy-back transactions are taxed under Indian law, favoring companies contesting asset-acquisition characterizations by

2mo ago · 1 min · Policy & Government

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