I have following queries:

1) I want to sell Bonus Shares received prior to January 31, 2018. What will be their acquisition cost? Will grandfathering provisions be available?

I have to sell some shares of a particular large company, originally purchased in 1970 and thereafter getting increased through Bonus Shares in different proportions till last in Aug 2016. Meanwhile the company has also changed its face value from Rs 10 to Rs 1 per share in 2003-2005 or so, and thus increasing the no. of shares. Now I only know about the total nos of shares I have presently. My query is: 1. How to calculate its purchase cost, capital gains and taxable income? 2. Is LTCG rule for Grandfathering applies in this case also by taking FMV on 31.1.2018 of this share? 3. If I want to sell partially does FIFO rule to be taken for calculating capital gains apply? 4. What will be the taxation process (better if it can be illustrated by example with dates as above for better understanding) and to be shown under which schedule & in which ITR form no. Please enlighten me about the same as utter confusion is there.

I had 100 shares of Motilal Oswal Financial Services as on June 1, 2024. They announced 3:1 bonus issue with a record date of June 10, 2024. How should I treat my share holding for Capital Gains purpose at the time of selling these shares in part lots : a.100 shares @ the original share purchase rate and 300 shares at NIL rate? b. 400 shares each @ 1/4th of the original purchase price? Need clarification in this regard.

Hello sir, 1. How bonus shares are treated for tax for individuals ? How the value is calculated? 2. How the shares alloted free after de-merger to be treated and what value should we take? Thnx