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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

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