https://www.taxtmi.com/caselaws?id=60528 The appeal was partly allowed. The first ground concerning the cost of acquisition of bonus shares was dismissed, upholding the application of the amended law considering the cost of acquisition of bonus shares as NIL. The second ground regarding the non-adjudication of an additional ground by the CIT(A) was allowed, directing the CIT(A) to admit and adjudicate upon the additional ground. en-us Tue, 25 Nov 2003 00:00:00 +0530 Wed, 05 Jan 2011 17:42:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60528 The appeal was partly allowed. The first ground concerning the cost of acquisition of bonus shares was dismissed, upholding the application of the amended law considering the cost of acquisition of bonus shares as NIL. The second ground regarding the non-adjudication of an additional ground by the CIT(A) was allowed, directing the CIT(A) to admit and adjudicate upon the additional ground. Case-Laws Income Tax Tue, 25 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60528