Indexation benefit for bonus shares acquired before 1.4.81

This query is : Resolved 

29 December 2017 Sir
what about bonus shares acquired before 1.4.1981?
the COA will be fare market value as on 1.4.1981 right? then what about the indexation benefit ? will it be available or not? please help

29 December 2017 Cost of acquisition of Bonus Shares is taken to be Nil since it is issued free of cost.


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