Sale of Bonus shares
This query is : Resolved
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Anand Prakash Garg
(Querist)
08 May 2024
We are holding ordinary shares as well as bonus shares in Indian listed companies.
On sale of bonus shares, what COST will be considered i.e. NIL OR average cost OR
Fair markert value for capital gain calculation.
Please advise.
On sale of bonus shares, what COST will be considered i.e. NIL OR average cost OR
Fair markert value for capital gain calculation.
Please advise.
Dhirajlal Rambhia
(Expert)
08 May 2024
If Bonus shares were issued before 31.01.2018, then the value as on 31.03.2018. If after the date then Zero.
Dhirajlal Rambhia
(Expert)
07 September 2024
Good Luck.
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