Tender style buyback or Dividend ? which is GOOD

General
1

TENDER style buyback VS DIVIDEND

  1. reduction in equity no effect on equity
  2. paid in full to shareholder paid after dividend distribution tax
  3. treated as profit or gains thus tax as per IT slabs tax@ 10% if 10 lakh or more in a year
    4.previous years loss set off possible loss set off not possible
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