capital gain tax
This query is : Resolved
Guest
Guest
(Querist)
15 December 2008
While Copmuting capital gain on Bonus share issued before 1981 we take fair value or original value on 1/4/1981 as its cost of acquisation,although it is free of cost.Is there any Logic.
15 December 2008
Logic is the value before 1981 may be substantialy differ.So it become necessary to the rlue.
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