what is the date of acquisition for bonus share received. is it date of purchase of original share or allotment date of bonus issue?
Menu
Capital gain on bonus share
Replies (4)
Allotment of bonus shares.
bonus share increases the number of quatity of shares and decreases the price of share if hold such shares more than 12 month than its arise LTCG and exmpt u/s 10(38) otherwise taxable for STCG @ 15%. 10(38) exemption is available only for listed shares if not listed it taxable 20% with indexation benifit.
holding period will be reckoned from the date of declaration of bonus shares
cost of acquisition is nil...
Recent Threads
- Long Term Capital Gains for shares
- Hiring Company Secretary Manager with 2 Years of P
- Updated Return _ Deduction
- Turf Club Veterinary Department. Procurement Manua
- I have wrongly shown itc in reclaimable itc inste
- Help reqd in getting Professional Tax challan
- New form 139 as per Tax Act 2025
- In GST maintain invoices or bill in excel instead
- How to paid income tax in block return in itrb
- RCM Applicable for Man Power Supply (URD) to Regis
Related Threads
CAclubindia
