Coaching and Practice in Tax Audit Law
4429 Points
Joined June 2018
From shareholders point of view you have to show Share holding under Capital gain head.
Bonus shares received will increase your no. of units of shares.
For eg. Prior to bonus no. of units held were 100 for Rs.15 market value, you received 50 bonus shares so after receipt of bonus shares your new shareholding will be 150 shares for Rs.15 market value.
In balancesheet you have to specify same in Notes to Accounts head specifying no. of bonus shares received.