What are tax implications if someone wish to tender his TCS shares on buyback.
The shares were purchased at IPO around 200 Rs I think Held for more than 1 year. Offered at 2850. So will there be any long term taxes.
http://economictimes.indiatimes.com...he-buyback-of-shares/articleshow/57339726.cms
This article talk about indexation and non indexation and so on. Can someone please explain clearly for the above example
The shares were purchased at IPO around 200 Rs I think Held for more than 1 year. Offered at 2850. So will there be any long term taxes.
http://economictimes.indiatimes.com...he-buyback-of-shares/articleshow/57339726.cms
This article talk about indexation and non indexation and so on. Can someone please explain clearly for the above example