Acquisition date of bonus shares for deciding ltcg/stcg

Anil Kumar (CFA Options Trader Retired IT Professional)   (99 Points)

14 February 2018  

Respected Experts,

What should be taken as the acquisition date for bonus shares for deciding whether capital gain is long term or short term? Can the record-date fixed by the comapny for the purpose be considered to be the acquisition date for bonus shares for computing duration of holding?

Thanks & Regards,

Anil Kumar