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Articles by sudhir.kochhar

Income Tax on Buyback of Shares

sudhir.kochhar 31 December 2013 at 13:33

What do you mean by Buy Back of shares?ANSWER: Concept of Buy-Back of SharesThe concept of buy-back is a recent one so far as India is concerned. The Companies Amendment Act, 1999 introduced the concept of buy-back of shares.Buy-back of share

A write up on Working Capital

sudhir.kochhar 07 January 2008 at 05:46

1. Explain the concept of Working Capital. Ans: The term working capital refers to the amount of capital which is readily available to an organization. Working capital finances the Cash Conversion Cycle of a business-the time required to convert raw