Capital gains on bonus shares


This query is : Resolved 

(Querist)
01 December 2010 The bonus shares were all allotted after April 1, 1981. What will the cost of acquisiton? Please note that the shares transferred are not listed in the stock exchange.

Ajay Mishra (Expert)
01 December 2010 Hi


Go to the following link:


https://www.caclubindia.com/experts/capital-gains-tax-on-shares-530865.asp

03 December 2010 Cost of Acquisition of Bonus shares shall be adopted to be as NIL and capital gain on bonus shares shall be adopted as capital gain


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