Bonus share
Angad kr kannaujiya (Studant) (169 Points)
22 March 2011Angad kr kannaujiya (Studant) (169 Points)
22 March 2011
Sowmya P K
(Chartered Accountant)
(251 Points)
Replied 22 March 2011
For tax purposes, total purchase price of Rs. 20000 is for 1000 shares only.
The cost of acquisition for the bonus shares will be NIL.