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![Bonus Shares are also Foreign Exchange Assets u/s 115E of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Share-Trading.jpg "Bonus Shares are also Foreign Exchange Assets u/s 115E of the Income Tax Act: ITAT [Read Order]")
Bonus Shares are also Foreign Exchange Assets u/s 115E of the Income Tax Act: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT), yesterday held that the bonus shares are also foreign exchange assets for the purpose...