Section 2(22) of The Income Tax Act 1961
This query is : Resolved
02 May 2017
Bonus shares given to Equity Shareholders are not treated as dividend under The Income Tax Act 1961. Why?
02 May 2017
Issue of Bonus shares does not involve release of company's assets which is a pre-condition for dividend.
02 May 2017
Issue of Bonus shares does not involve release of company's assets which is a pre-condition for dividend.
02 May 2017
Issue of Bonus shares does not involve release of company's assets which is a pre-condition for dividend.
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