ITAT Mumbai Treats Share Buyback Receipts as Exempt Deemed Dividend:

ITAT Mumbai Treats Share Buyback Receipts as Exempt Deemed Dividend

Tribunal follows Bombay High Court ruling in connected shareholder buyback cases involving same company.

Tribunal Follows Earlier Rulings Involving Similarly Placed Shareholders Of Same Company

authorMeetu KumaridateMay 31, 2026
Last update on Jul 23, 2026
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ITAT Mumbai Treats Share Buyback Receipts as Exempt Deemed Dividend

Tribunal follows Bombay High Court ruling in connected shareholder buyback cases involving same company.

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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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