Income Tax and Accounts Treatment|CASANSAAR 3461

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Please Help: Income Tax and Accounts Treatment

Posted Date : 23-May-2013 , 06:48:35 pm | Posted By: T SRINIVASAN

Category : Corporate Law | Answers : 0| Comments : 0| Hits: 251

A public limited company purchases its own shares at premium and sells the same to another with additional premium. Can the company set off the loss on premium paid on shares purchased and on premium collected on shares sold?

Please Help: Income Tax and Accounts Treatment

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