How to compute CG on share Sold Which is Original + Bonus . Share 10000 + 5000 Bonus Taxabality Of share
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Quick Summary
This discussion clarifies how to calculate Capital Gains (CG) tax when selling shares that include both original and bonus shares. The key point is that only the original purchase cost is considered for tax purposes. The sale value will include both types of shares, but the cost of acquisition is attributed solely to the original shares, with the bonus shares having a nil cost of acquisition.