Bonus Shares

A NBFC WANT TO ISSUE BONUS SHARES TO THE EXISTING SHARE HOLDERS

MY QUESTION;

  1. DOES A LOSS MAKING COMPANY CAN ISSUE BONUS SHARES OUT OF SHARE PREMIUM ACCOUNT
  2. HOW IT AFFECT US IN VIEW OF INCOME TAX AND COMPANY ACT

asked Mar 16 '13 at 13:17 by RAHUL G 11

We don't have knowledge on this subject. You may ask same on a different forum.
(Mar 19 '13 at 14:47) Pankaj Batra

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Asked: Mar 16 '13 at 13:17

Seen: 1,892 times

Last updated: Mar 19 '13 at 15:23