Capital Gain or Loss on Shares


This query is : Resolved 

18 August 2010 What is the cost of acquisiion for the bonus shares?
If suppose
Purchases 2000shares @ Rs.150/share
Bonus 1000Shares
Sale 2500shares @ Rs.250/share
What will be cost of acquisition of these 2500 shares whether i will take average cost or for 2000 shares COA will be Rs. 150/share and for bonus 500 shares COA will be NIL?????????

18 August 2010 cost of bonus shares NIL

Cost of 2500 shares
cost of 2000shares @Rs.150/share
Cost of Bonus 5000 Shares - NIl

Balance
Cost of Bonus 5000 Shares - NIl


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