McqMate
| Q. |
The cost of acquisition of bonus shares allotted on or after 1-4-1981 is .......................... |
| A. | fair market value of that shares on 1-4-1981 |
| B. | fair market value on the date of issue of shares |
| C. | nil |
| D. | none of these |
| Answer» C. nil | |
View all MCQs in
Income TaxNo comments yet