ABC Ltd, a domestic company purchased on 14th October, 2019 its own unlisted shares. The consideration for the buyback of shares amounted to ₹50,00,000 which was paid by the company on the very same day. Amount received

ABC Ltd, a domestic company purchased on 14th October, 2019 its own unlisted shares. The consideration for the buyback of shares amounted to ₹50,00,000 which was paid by the company on the very same day. Amount received for the issue of such shares by the company 2 years ago was of ₹27,00,000. The company is required to make the payment of tax for the buy-back of shares in assessment year 2020-21 of