https://www.taxtmi.com/highlights?id=45937 Receipt of bonus share - investments or stock in trade - original shares were part of stock in trade - bonus shares given by company in proportion to the holding of equity capital by share­holders would, in the absence of express provision to be contrary be treated as capital and not income - hence it form part of investments en-us Thu, 18 Apr 2019 08:25:31 +0530 Thu, 18 Apr 2019 08:25:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=45937 Receipt of bonus share - investments or stock in trade - original shares were part of stock in trade - bonus shares given by company in proportion to the holding of equity capital by share­holders would, in the absence of express provision to be contrary be treated as capital and not income - hence it form part of investments Highlights Income Tax Thu, 18 Apr 2019 08:25:31 +0530 https://www.taxtmi.com/highlights?id=45937