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00:01Section 45, Class 2A. Capital gains ile some additional content we have to deliver or cover applicable for the CMA, CMA, Inter as well as CMA final.
00:18So, let us discuss those things also here. Sale of Shards in Demand Account.
00:28If you are maintaining the Shards in Demand Account and selling the Shards leads to capital gains or the epinema tax fund. Capital gains is chargeable in the hands of beneficial owner.
00:44Okay. Name in record of depository. Beneficial owner is the taxability or may only and current holder will not be liable to pay the tax.
00:56Okay.
00:58Okay.
01:00Now, what is the Shards?
01:02What is the Shards?
01:04What is the Shards?
01:06The Shards.
01:08X being the shareholders, maintains account with some traders, relegant traders, depository.
01:20X, Y and Z.
01:24The Shards are also the Shards.
01:26The Shards are the Shards through relegant.
01:30Or depository.
01:32The Shards are the Shards.
01:34The Shards are the Shards.
01:36The Shards are the Shards.
01:38So, any depository will be the folder like this.
01:42So, dividends are the Shards.
01:44If you go to the depository and account maintenance, you will go to the depository, you will go to the account maintenance, you will go to the X, Y, Z.
01:53This is the X, Y, Z.
01:55This is the X, Y, Z.
01:56This is the beneficial owner.
01:58And the depository is the registered owner.
02:01Who is liable to pay the taxes?
02:03Beneficial owner.
02:04Now, the maintenance of the data is the company attached.
02:07So, beneficial and the record is the owner.
02:12But if you understand that, there should be a difference.
02:17Beneficial owner.
02:19Not taxable in the hands of depository.
02:22Even registered owner.
02:24Taxable.
02:25In the cost of acquisition, field of holding, FIFO basis, we determine.
02:33Okay.
02:34FIFO basis.
02:351420,
02:401720.
02:41Here is 100 share.
02:43Here is 82.
02:46Here is 82.
02:48in the cost.
02:49And,
02:511121.
02:52Here is 51.
02:53Where you are 50 shares,
02:55If you are 50 shares sell to the cost,
02:56which is the most sale.
02:591420,
03:00Does the cost of this sell?
03:01There is 100 shares.
03:02That means that 100-80,
03:0620 rupees is the profit.
03:08This is the purchase,
03:09and this is the sale.
03:11Suppose, you have 50 shares with 200 shares, you have 100 shares with 100 shares, you have 100 shares, you have 100 shares, you have 100 shares, you have 100 shares.
03:27So, period of holding up, cost of acquisition date, sale date, this will not be considered.
03:35In case of multiple DMAT account held, one DMAT account is open, one DMAT account is open, one DMAT account is in the FIFO method.
03:57Period is from the date of entry in DMAT account, DMAT account in which I enter, that date is open, that date is open, purchase date is open.
04:07Share online, it will get credited in your DMAT account only in the next day, or two days later.
04:15If you enter a bank, you will get credited, T-press two days are partie.
04:18In the next day, you will get an account account, you will get an account account.
04:20Since you enter a bank, they will get credit with the bank, you will get credit with the bank, you will get credit with the bank.
04:28So, this is the logic of the bank.
04:29Now, digital transactions are FIFO.
04:32If you enter the bank, you are delaying, Google Pay, the bank will be 9,20 seconds, and then this is a benefit of a
04:38UPA, so that will also be available.
04:40also be available. And in three days we will have a few dates. One or two days we will
04:48have. Is that okay? So, in this case, if you have any credit, we will have a date, we
04:57will have a date. Now, the next two most important component that you can expect as in your examination
05:07problems here. If you have a date, partner to firm and firm to partner. Partner is a property
05:19firm to transfer. However, the firm is a property partner to transfer. If you are
05:27a property partner, if you are a property partner, you can go to the property partner. You can
05:39150, okay, 150 in the case will be taken, the book record value will be taken, the difference
06:03between 140 and 100 will be the capital gain in the hands of the partner, who capital gains
06:08this is going to be taxable in the hands of the partner, if the firm is dissolved, if the firm
06:21has 100 rupees has 100 asset, the partner will be transferred, if the transfer is transferred,
06:30the transfer value is transferred, 115 says, another day, fair market value market level
06:37is 140, you can get it, fair market value is transferred.
06:42So, the partner for the firm to come to the book value, the difference between book value
06:47and then the cost of acquisition will be the capital gain here.
06:50Firm for the partner to dissolve it to transfer from both firm would have a value in the transfer
06:57from the fair market value in the rendicule difference of capital gains, okay.
07:04Now, 40 rupees is the capital gain, clear?
07:22Let us see an illustration here, section 45 clause 3 transfer of capital assets by a partner
07:29firm, capital gain is equivalent to, amount credited in books of capital account and the partner
07:35of the account, cost or indexed cost of acquisition subtract depending upon the period of holding.
07:44If the period of holding is a very short period, of course, you, you no need to index that,
07:49short term and long term for the index section. Vijay has 3 motor cars which are used by him exclusively
07:58for his personal purpose. The cost of the cars, 6 and a half lakhs, 8 lakhs and 10 lakhs.
08:07The first car was transferred by him on 15-1-2022 to firm in which he is a partner as his capital contribution.
08:16In the car transfer transfer, that is the capital contribution. In the car transfer
08:23The market value of the car being 5 lakhs, but it was record in the books of accounts at 6 lakhs.
08:28Complete the capital gains and so on. In general, you had a cost value 6 and a half lakhs. Book
08:35record record 6 lakhs and a rentable difference is lost. Remember that, it is a car, right?
08:42Car is not a capital assets. Capital gains, capital assets, capital assets, capital assets, capital assets
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11:214 lakhs, in the current inflation index being 317, and inflation index applicable in the
11:30year of acquisition by his father 2009 and 10,000, 148.
11:37If you do the cross multiplication here, the indexed cost of acquisition here being 8
11:42lakhs 56,757.
11:45Now, if you subtract that indexed cost of acquisition, the long-term capital in the
11:51exchange period of holding is more than the base, right?
11:56Now, here the value being 25 lakhs, 43,243 will be the capital gains, is that okay?
12:06Come on, make a copy of this.
12:08Okay.
12:09Okay.
12:11That's the dissolution, no doubt.
12:14Okay.
12:15That's the dissolution.
12:16Okay.
12:17That's the dissolution, no doubt.
12:18This is the judgment.
12:19Okay.
12:20Commissioner of income taxes, not associates, what is the capital gains?
12:22Okay, Commissioner of Income Taxes, Noit Associates, what is the capital gain?
12:32Fair market values in the date of transfer minus cost of or indexed cost of acquisition
12:36number of trackmanic law.
12:38It is going to be taxable only in the hands of the firm and this stock of capital gains
12:45that will fall under PGPP.
12:54That transaction is not considered as a transfer, not transfer.
13:01So, that will not come under section 45 class 4.
13:05You are converting the firm into LLP.
13:09So, how does the firm become assets of LLP?
13:15No.
13:16Transaction is not regarded as transfers.
13:19Provided, there is no change in constitution of firms.
13:24Firm is not considered as LLP.
13:28So, transaction is not considered as a transfer.
13:33Transfer is not considered as a transfer.
13:35PQR & Co is a partnership firm consisting of 3 partners PQR.
13:43The firm is dissolved on 31-12-2021.
13:46The assets of the firm were distributed to the partners as under.
13:50The first investment was the number of companies.
13:51The first investment is just a transfer.
13:52The other investment is now a transfer.
13:54The investment is the stock.
13:55The stock is the stock thatil was not resistance.
13:57The stock is a transfer.
13:58The stock is contrary to PGBP.
13:59The stock is also normal.
14:00The stock is the Vice-Chair on the PLC.
14:01The stock used was advertised.
14:02The stock.
14:03The stock was a property.
14:04The stock was considered as a patron.
14:05The only is loose.
14:06The stock was a property.
14:07The stock.
14:08The stock has been destroyed.
14:09The stock was not divided by the end of customers.
14:10The stock was considered as a revitalization,
14:11the sole as-12-11-21-22.
14:13Once the stock was branded in the last candle,
14:15the stock was inherited.
14:16So, PGBP. That is, stock transfer is automatically PGBP. Why do you have capital assistance?
14:28Transfer of stock is always PGBP now. What value are we going to get? Fair market value
14:36as in the date of transfer. So, fair market value of the stock transfer as in the date
14:41of transfer minus book value of the stock. The difference between these two is the PGBP,
14:48PGBP. Year of acquisition first point, year of acquisition not a matter for me. Cost of
14:56acquisition is the matter for me other in a cost, book value, book value with the cost
15:01and put the club. Cost of acquisition. That will have revaluation and the value
15:08market value as in the date also a matter. Third one. And WDV stock is applicable
15:15is not. Value at which the given to the partners is not. So, firm
15:22is not. Fair market value is not. Fair market value is not. Nothing is there.
15:30Fair market value being 6 lakhs. Cost of acquisition being 4 lakhs. Rent equal difference 2 lakhs
15:37is the PGBP. Then block of machinery power club. Block of machinery. Machinery transfer case power
15:50club. This will be always short term capital gain. This will always be short term capital gain.
15:55Is that okay. Depressure versus. Sale consideration.
16:02Fair market value is in the date of transfer will be taken. So, sale consideration is equal to
16:08fair market value. Fair market value minus book value. The value appears in the book.
16:17That is WDV as per the section 43 class 1. And the value appears in the book. Right. Year of
16:29acquisition depreciable as it is. Year of acquisition is not a matter because I am not going to index
16:34this. Cost of acquisition is also not a matter. Market value is the sale consideration here.
16:40So, WDV as on the date will be taken just 10 lakhs 40. Value at which it is given to the partner
16:47as per the agreement is not going to be taken at all. The rent value in the way you know.
16:53And sale consideration being fair market value which is 15 lakhs. Book value which is nothing
17:02but WDV value as it is being the depreciable assets. So, 10.4 lakhs. If I subtract this then the final value
17:11being 4.6 lakhs is the short term capital gain short term capital gain depreciable assets. Then land given
17:20to R. Land is given to R. Land is given to R. Land is given to R. Land were both period of holding
17:26the number long term were indexation applicable items. So, land. The same logic will be applicable here also.
17:33Sale consideration is equal into the fair market value minus indexed cost of acquisition will be taken. Right.
17:43Right. Cost of acquisition in the case of the year of acquisition or if the asset acquired before
17:53142001 of year original fair market value is in the as on that date whichever is higher will be taken.
18:00So, year of acquisition 99-2000 it is also matter for us as it is before 142001 cost of acquisition
18:11which ever is higher will be taken. So, up at 100001 the last line market value as in the date
18:202 lakhs 70, up at the rent level whichever is higher will be the cost of acquisition. Subject to indexation.
18:29Market value is the same consideration. The value at which it is taken by the partner
18:36skip and there is manipulation. There will be chances of manipulation. So, fair market value as in the date of transfer
18:44will be the sale consideration here. So, 35 lakhs. Cost of acquisition 2.7 lakhs current inflation index being 317.
18:55Base inflation index as it is acquired before 142001 100 will be taken. So, 2.7 into 317 by 140.
19:04This value be 8 lakhs 55900. If I subtract this, then this is called long term capital gain. This is being 26 lakhs 44100.
19:22Yes, come on. Finish up copying this.
19:29After that, complete the income taxable in the hands of the firm.
19:35If you are tax cut now, firm tax cut now. For the assessment year 22-23. What shall be the cost of acquisition of such assets to the partners? P, Q, R.
19:47The cost of acquisition is 10.4. The WDV of the previous owner will be taken. Sorry. 15 lakhs will be.
20:02Block of machinery.
20:05Block of machinery. P, Q.
20:09Okay.
20:11The value at which it is agreed to be taken is clear. That is the value of 10 lakhs.
20:21In the hands of the partners, the cost of acquisition is not the sale consideration. Is that okay? The value at which it is taken will be taken. Is that okay? Come on. Make a note of it.
20:582 lakhs.
20:59G and G, A, ok.
21:062 lakhs will follow you too.
21:14industrial undertaking in urban area, urban area woulda irukkha kudi hai, industry irukkha
21:21liya, and the industry woulda plant and machinery, land building and shift panta yeng hai, you
21:28are shifting to, okay, non-urban area wha ha ha irunchna 54G, special economic zone ha ha
21:39irunchna 54G a, is that okay, up urban leandhu non-urban yenghi ship ta archana, dedections
21:47klaim mandadhu section 54G lea hii, urban leandhu special economic zone lea ninge shift panta
21:54yenghi a pichanak g a lii, dedections klaim mandeek kala hii, edu kumattu nga klaim mandeek
21:59mudi yenghi na plant and machinery or furniture fixture kumattu nga, plant and machinery or land
22:05building maandhu kumattu nga purundum, furniture fixtures ho, aladhi yedavadha, stocks ho
22:09transfer pandeek kiri nga, ship pandeek kiri nga, pichanakka, that will not fall under
22:14capital, is that okay, only these two assets, plant and machinery, plant and building.
22:18If plant and machinery, land and building bithadhu nga vandha gain, ne yenghi dedections klaim
22:25pandudhu nga yenghi enna pannu laha pichanakka, inno uru plant and machinery vanglaam, illa
22:30land and building vanglaam, of industrial undertaking in the new non-urban area, adu kanga nga
22:37nga nga, ship pandeek kakara, expenses zayethen, ne yenghi dedections klaim panglaam.
22:40So, uru plant and machinery vanglai inge, ap ni chanakka, ipa ya, old plant and machinery
22:47under land and building, sale pande inge, sale consideration, 100 lakhs, ito uru a cost of acquisition
22:53or index to cost of acquisition, whatever it may be, or 60 lakhs circa are a subtract
23:02pandeekna, 40 lakhs being the long term capital gain or short term capital gain, whatever it
23:06may be.
23:08From there, you can subtract under section 54 G or GA, where you could have spent the money
23:16for acquiring the land, plant and machinery, land and building, even shifting expenses.
23:25In the 3 months, you can subtract the money for acquiring the land, plant and machinery,
23:29even shifting expenses.
23:31$5,000,000,000,000 capital gains tax.
23:35Plant and machinery, land and building shifting, 3 months.
23:39Why are you investing in the future?
23:42Shifting, plant is the need.
23:44If you are the need, 1 year before, 2 years later.
23:48If you are investing in the future, you will be investing in the future,
23:54and if you are investing in the future, you will be investing in the future.
23:58This means, if you are investing in the future, you are investing in the future,
24:04since you will have $9,000,000,000 most of the year.
24:07Because, you have to go for $50,000,000 to get $3,000,000.
24:11In the future, you will find the $15,000,000.
24:14When you are investing in the future, you have to go for $4,000,000,000.
24:19you should not withdraw or you should not transfer the new asset within 3 years moon
24:25verse maathu holding period, this is the same logic that the capital gains detections
24:31climb up and you have to pay the taxes for the short term capital gains and you have to
24:46pay the taxes for the short term capital gains for a tax rate is a playable name now is that
24:53ok come on make a note of it now P limited owns an industrial undertaking manufacturing
25:14chemical in Bangalore owns the following assets, plant and machinery, building, furniture
25:23fixtures, land so the industrial undertaking was shifted as per the policy of the government
25:35from urban area to the other area, so urban length other area non-urban yukka transfer
25:41pundakha dedections will be eligible under section 54 G, sessikku transfer pundakha yandhal G
25:46A level room namakku, ok, the new asset acquired in the Thaniya Parkland with dedections courier,
25:53the new assets acquired during the year from 1122 to 31322 are plant and machinery of course eligible under
26:03section 54 G, dedections, building 60 lakhs of course it is also eligible, complete the capital gains
26:09chargeable tax for the assessment year 22-23, more the capital gains contribution, plant and machinery
26:15of course it is, 15 lakhs is the sale value, WDV being 5 lakhs and so null, 10 lakhs is what, short term capital gains
26:26isn't it, ade madri building undhu 12 lakhs WDV, sold for 60 lakhs and so null, difference between these two 48 lakhs
26:37is 1 lakhs being short term capital gains, index section la varadhu, furniture fixtures aray marri, WDV being 50,
26:46sold for 118 so null, rendu kula difference undhu evudhu varadhu, furniture and fixtures, 1 lakh 30,000 rupees, 1.3 lakhs,
26:59actual furniture and fixtures is not falling under capital assets,
27:03right, right, it is not falling under capital assets, ade madri this will always be taxable,
27:12okay, but if it qualifies some other characters like,
27:18aur artistic worker rukk, aladhu jwell rukk, apin chunna, that will come under short term capital gains,
27:25short term capital gains lower, ade madri,
27:2954 G detections yedudhuk uundhu api chunna, plant uundhu, building uundhu, machinery uundhu,
27:38yedudhu kadayadhu, furniture fixtures yedudhu kadayadhu, so for this it is not eligible,
27:44lantern building, cost of acquisition being 5 lakhs, acquired in 12-13, sold for 30 lakhs
27:51uundhu uundhu irukkaraangga, but lantern building maindhu thaniya poundhu kabukkera,
27:55any index situation irukkaraangga, so lantern building, sale consideration being 30 lakhs,
28:0330 lakhs minus index to cost of acquisition,
28:105 lakhs into current inflation index being 317 and inflation index applicable for the year 12 and 13,
28:16uundhu uundhu uundhu, is that 200 anparangga, chekpanangga, if you do the cross multiplication,
28:25this value being 7 lakhs 92 500, then the long term capital gain here being 22 lakhs 7500
28:42and short term capital gain, this value being bieure.
28:46long term capital gain, short term capital gain diLove uundhu uundhu uundhu l eo uundhu yu mudh
28:49xa yod namha, 10 plus 48 plus 1 1.3
28:56ok, 50 라ima indhi,이가 59 lakhs 30 thousand rRIS Shanghai's 59 lakhs 30 thousand rSI,
29:0250, 9,30,000.
29:04That is, if you have a problem with this, if you have a problem with furniture features,
29:1048 lakhs, 48 plus 10, 58 lakhs.
29:14So, your capital gains in total, other than the furniture features being, 80 lakhs, 7,000
29:27you cannot find it, okay, 80 G dedections, you can claim 80 G dedections being, 60 lakhs
29:45building, 25 lakhs machinery, 85 lakhs, though we have 85 lakhs restricted to how much, 80
29:56lakhs, 7,500 only, so nothing is taxable, but furniture feature is always taxable, the
30:03value being, 1 lakh 30.
30:05If it has a specific character of capital gains in total, short term capital gains in total,
30:10one number.
30:11So, furniture feature is not capitalist, but if it falls, if it falls because of its own
30:18artistic importance or whatever it may be, then it will be taxable separately.
30:23So, you have to pay the tax for this one 30.
30:24Is that okay?
30:25So, 54 lakhs.
30:26Now, 54 lakhs.
30:27Now, 54 lakhs.
30:28will be applicable.
30:29So, you have to pay the tax for this one 30.
30:3154 lakhs.
30:3254 lakhs.
30:33will be applicable.
30:3454 lakhs.
30:3554 lakhs.
30:36will be applicable.
30:37We have been given land.
30:38We have been given land.
30:39So, you have to pay the tax for this one 30.
30:40So, you have to pay the tax for this one 30.
30:45So, you have to pay the tax for this one 30.
30:46So, you have to pay the tax for this one 30.
30:47Is that okay?
30:52Now, 54 GA will be applicable.
30:5854 GA will be applicable.
31:0054 cerca including?
31:01We have been given land, building, car expenses up shifting.
31:0955ath usually it is not an asset.
31:15Right.
31:17Okay.
31:17This will be handled separately, depreciable assets, if the car is used for the industrial
31:34purpose section 32 depreciation is climbed and so on, that is the detection is climbed
31:39and so on, WTV value being 740 and I am talking about the car, 740 sold for 6 lakhs and so
31:52now, 1.4 lakhs loss that will be named as short term capital loss, will have no any other
31:59impact with 54 GA, you do not bother about that, you can keep it ahead, means away,
32:08it will be available, now land, 22 lakhs sale, purchased in this rate, now indexation
32:17is done, 4.26 lakhs into current inflation index being 370 divided by inflation index in this
32:26date, that was 15-16 inflation index in this date, is that 254, come on, so after the
32:37indexation, the value being land, 5 lakhs 31,661.
32:47So, indexed cost of acquisition, sale consideration is the apparenticular difference on the long
32:52term capital gain, the long term capital gain here being 16,68,339.
32:58long term capital gain.
33:01Array Madhuri, in this case case, building, depreciable, depreciable, depreciable up to
33:12market data, WDV value, it will be cooler difference, always short term capital gain level, short term
33:18capital gain level, short term capital gain level level, it will be cooler difference, hope
33:22this value being 369,000.
33:25This is separate, this is separate, this is separate, this is separate, what is the capital gain here,
33:37it will be 54 GA eligible deductions and expenses on shifting is deductible under section 54 GA,
33:50assets are paid for undertaking in the SS, SS, land, deductible, building, deductible, what about
33:59What about the computers?
34:02Of course, detectable car is not detectable car is not detectable okay car in on plant
34:19car is assumed to be a part of plant so detectable machinery second hand okay also detectable
34:33furniture machinery second hand okay one second yeah detectable furniture is not eligible
34:48so in the item only, where detectable 54 ga is detectable, it is not available to you
34:55you can see it is not available to you, you can see it is not available to you, you can see it is not available to you
35:1159, our numbers are showing you, sir, 3, 5, 100, 420, 200, 115, 1635, 1635,000,
35:30furniture is not coming under, deductions under Section 54G. If a long term capital gain,
35:42Evolari Kabdichwanakka, 16,68,339, short term capital gain, Evolari Kabdichwanakka, 3,69,000,
35:5154G deductions claim, Evolari Kabdichwanakka, 16,35,000, I assume this deduction is claimed
36:09for short term first, balance is claimed for this one second, short term capital gain will
36:16be taxable at the normal rate, 30, long term capital gain is taxable at the rate of 20 percentage only.
36:22That is why I told you, deduction is higher tax applicable value can claim.
36:29Then what is the ultimate balance? Is that 4,23,39, long term capital gain?
36:41These are long term, assume. That means, short term capital gain, calculate
36:4630 percent tax cut down, long term 20 cut down, both 54G deductions on the short term
36:53climb. Now, you can adjust this short term capital loss because of furniture can be adjusted, set off under,
37:06set, either in the direction, the set off.
37:091,040,000, short term capital loss.
37:12Long term largest fundiculum set off and carry forward, largest fundiculum.
37:17So, the final taxable long term capital gain being taxable, 2,623,39, is that okay?
37:27Yeah, come on, finish up copying this.
37:40But, if you ...
37:43come on, come holder out in the arms, the THB opportunity wants you to sell it.
37:45How much money can you sell them?
37:47As far as making aalty pledge,
37:51I trust them .
37:53If they have made a acc Net.' I knew you will get the exchange yoke here too.
37:55So, I received it.
37:57If you are already held hasil,
37:59you are selling it for, you are selling it for, you are selling it for, you are selling it for, 105, you are selling it for, loss or at the cost of acquisition, it is the sale concentration.
38:22Sir, two rupees, you are selling it for, short term, capital, gain or loss.
38:29So, loss to the extent of what, dividend received will be adjusted, so you do not consider this being loss.
38:44Share in the dividend is possible to see.
38:55Adjusted by the dividend is possible to see.
38:59Any person buys any securities or units within the period of 3 months prior to their record
39:06date.
39:07In the dividend payment, one record date announced and the record date is 3 months.
39:13Such person sells such securities within a period of 3 months after such record date.
39:20Ok.
39:21So, 1st December 2021, I have been chanakka, this is the record date of 3 months.
39:35Record date is 3 months.
39:383 months.
39:40If you buy, if you sell, that's why the loss comes and the loss to the extent of the amount of dividend received is subtracted.
39:49Ok.
39:50Dividend is subtracted.
39:51That's the short term capital loss.
39:54So, 3 months, 3 months.
39:56This is a mutual funds unit.
40:019 months.
40:039 months.
40:059 months.
40:07They are equal to mutual funds.
40:08It's called.
40:09After, the dividend income on such securities or units received or receivable by such person
40:14is exempt from tax.
40:17Ok.
40:18So, is exempt from tax, skip.
40:23But dividend taxable.
40:26This is taxable now.
40:28Ok.
40:29So, in this case, you'll adjust this, you'll need to get an update, you'll need to get an update.
40:36You'll need to get an update.
40:37Dividend stripping transaction.
40:38One example can be asked for an exam.
40:40That's not that you'll get it.
40:41It's not that you'll get it.
40:42Bonus stripping transactions.
40:44That's the bonus shares.
40:46This is the idea you'll need to get an update.
40:484 months.
40:49One's needs to get an update.
40:50Bonus stripping.
40:53Bonus shares.
40:54lord, one plus one, you have one share share when you are free and a share share is available.
41:02So, if you get $60, you will have to ask me if you are free, you will check me if you are the one share share.
41:11Then one share share is free, so if you are free and you will find that the one share share will be applicable.
41:17bonus share case stream in the logic will be applicable okay any person buys or acquires
41:25any units within a period of three months prior and okay he sells all or such a unit
41:36while continuing to hold all or any of the additional units within a period of nine
41:41elements 303 192 last date are recorded 303 on record date are recorded 112
41:48date are recorded 192 last date are recorded 192 in your case will be recorded automatically
41:50bonus tripping transactions going to the price adjustment want you to put in the
41:55illustrations of course not required understand this okay so you have to understand the logics
42:02of dividend stripping and bonus tripping transactions
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