Bonus share
Dilip Gandhi (113 Points)
27 May 2017
If I rec'd bonus share from company what is my tax liability if I sold bonus share
3 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86500 Points)
Replied 27 May 2017
Whole sales proceeds received is taxable under Capital Gain .
CA. Sunil Gokhale
(Teacher)
(1484 Points)
Replied 03 June 2017
If shares are sold in Stock exchange & held for more than 12 months then gain is exempt.
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