Bonus Shares : Taxation issue clarified by Court

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ON BONUS SHARES : Allotment of bonus shares is not taxable as income from other sources says Karnataka High Court.

This is Because when a company allots bonus shares , it doesn't result any change in the capital structure of the company. Also when shareholder recieves bonus Share , the value of the original share that it holds
reduces pro-rata.

With the reduction in the margin going in, it is better to go with Bank Nifty Option tips and start making money with a small capital of Rs 10,000.

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