Taxability of Share Market Transactions
Taxability of Share Market Transactions
Taxability of Share Market Transactions
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Cost <strong>of</strong> acquisition <strong>of</strong> shares<br />
Section 55<br />
• Cost <strong>of</strong> acquisition <strong>of</strong> shares:<br />
– Rights issue<br />
– Bonus shares<br />
– Rights renounced<br />
– Acquisition <strong>of</strong> right renounced and subscription<br />
to the rights issue