https://www.taxtmi.com/caselaws?id=29337 The High Court affirmed the Tribunal's decision that the cost of bonus shares should be determined by spreading the cost of the original shares over both the original and bonus shares, as per the Supreme Court's ruling in CIT v. Dalmia Investment Co. Ltd. The court ruled in favor of the assessee, directing each party to bear their own costs. en-us Tue, 21 Apr 1981 00:00:00 +0530 Fri, 12 Mar 2010 12:35:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29337 The High Court affirmed the Tribunal's decision that the cost of bonus shares should be determined by spreading the cost of the original shares over both the original and bonus shares, as per the Supreme Court's ruling in CIT v. Dalmia Investment Co. Ltd. The court ruled in favor of the assessee, directing each party to bear their own costs. Case-Laws Income Tax Tue, 21 Apr 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29337