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Bonus Shares

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(Querist)
04 June 2010 would it attract Income Tax if i got some shares as bonus share in ratio 1:1 ..........
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Guest

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Guest (Expert)
04 June 2010 Bonus Shares Not chargeable to income tax
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
04 June 2010 CAPITAL GAIN ARISE AT THE TIME OF SALE
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
04 June 2010 agreed , at the time of receiving , no tax liablity. At the time of sale, CG will arise because cost of acquistioan is nil.
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
04 June 2010 CAPITAL GAIN ARISE AT THE TIME OF SALE

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