22 October 2008
I do not quite understand the question. The bonus shares will be free of cost. Are you asking the valuation? It depends upon whether the shares are quoted or not quoted
22 October 2008
For the purpose of capital gains the cost of acquisition of bonus shares is to be taken as NIL and the for orginal shares the cost is the same ,i.e, @ 70 per share.
CAclubindia
