Home Case Index All Cases Income Tax Income Tax + SCH Income Tax - 2001 (3) TMI SCH This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2001 (3) TMI 5 - SC ORDERWhether, in computing the capital gains arising from the transfer of original shares, the subsequent issue of bonus shares should be taken into account for the purpose of averaging and reducing the cost of acquisition of those original shares - question is now covered by the decision of this court in Escorts Farms (Ramgarh) Limited v. CIT - Following that decision, the question is answered in the affirmative and in favour of the Revenue.
|