09 May 2019
Whether bonus shares allotted should be treated as income or dividend. If treated as income what should be the value whether share price on that date or face value
09 May 2019
In my opinion it will be treated as dividend since one of the method of dividend is to issue fully paid up bonus shares. bonus shares can be issued in lieu of dividend. moreover no income is accruing out of this.
CAclubindia
