Income tax on bonus share & right share sold ?
This query is : Resolved
08 June 2018
Dear Sir,
Kindly what will be Tax Treatment of Bonus Share and Right issue share sold ?
What will be to Cost of Acquisition ?
thanks & Regards
Kindly what will be Tax Treatment of Bonus Share and Right issue share sold ?
What will be to Cost of Acquisition ?
thanks & Regards
08 June 2018
Cost of acquisition in case of bonus shares will be nil if alloted on or after 1.4.1981 and for right shares the cost of acquisition will be the price actually paid to acquire shares
08 June 2018
Thanks for your valuable times & reply
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- Not a CA , can we prepare balance sheet
- Valuation of diamonds as on 01.04.2001
- What is meaning of merging of expenses or income in accounts
- Accounting treatment of write off sundry debtors
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
