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Loss me kyu kar rahe ho Averege karke cost to cost karne ki koshish karo

Buyback me jitney shares jaige otne vapis purchase kar lunga

No Tax is taken from individual on buyback profit.
It is paid by the company. In your case Tax is only on profit not on loss.

Whether can I claim loss against my other profit

@NA
I have Wipro purchased around 600 and in loss. Capital gains accrued (profits) in tender buyback is exempt from tax under section 115Q. This section states that gains are computed from difference in buyback price and original issue price of share at different periods. These gains are taxed at flat rate and paid by the company. Therefore, individual investor participating in buyback regardless of buying price is exempt from capital gains. For the individual though it may appear that gains are on his buying price, actual tax paid by the company may be more as those shares were issued at price lesser than the market price at some point of time.

As such there is never a capital loss under buyback as companies compute the gain on historical prices. Therefore, if we submit our share at loss to us in buyback, there is no provision to claim loss, adjust to other profits or carry forward. Best course of action for us is to sell shares before record date, book loss and then buy again to tender in buy back. Having suffered prolonged loss in Wipro I prefer to book loss, adjust with other profits and move on to other promising IT counters. Trus this is information is useful...