Cost of acquisition in case of bonus shares allotted before 1.4.2001 will be –
A. Face value on the date of allotment
B. Nil
C. Market value as on 1.4.2001
D. Current market value
Answer:D
Cost of acquisition in case of bonus shares allotted before 1.4.2001 will be –
A. Face value on the date of allotment B. Nil C. Market value as on 1.4.2001 D. Current market value