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![Share Purchase as per Order of Company Court constitute Dividend, not Capital Gain: Madras High Court dismisses Cognizants Plea [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/03/Cognizant-Taxscan.jpg "Share Purchase as per Order of Company Court constitute Dividend, not Capital Gain: Madras High Court dismisses Cognizants Plea [Read Judgment]")
Share Purchase as per Order of Company Court constitute Dividend, not Capital Gain: Madras High Court dismisses Cognizant's Plea [Read Judgment]
The Madras High Court has held that the shares purchased pursuant to the order of Company Court would not amount to capital gain and rather to be...