Price of MOIL on record date i.e. 31st Dec 21 was 169.10 which is lower than my acquisition cost per unit. Do I have any tax liability? Or it is Govt. liability to pay me refund 😊😁😁(on lighter note.. they are such a sucker...life goes paying tax..)
No tax liability on share tendered in buyback. even acquisition price of MOIL for me was Rs. 139 only, but hopefully I would not have to pay any LTCG on accepted shares under buyback.