What is the date on which Fair Market Value of capital assets acquired is determined?
A) 1.4.2001.
B) 1.4.1971.
C) 1.4.1981.
D) 1.4.1971
Correct Answer:
Verified
Q3: Under section 44AB 'specified date' means, ...............................
A)30th
Q4: Income from sale of rural Agricultural land
Q5: What is the time limit for holding
Q6: To be a long term capital asset,
Q7: . Cost of long term debentures are.....................
A)eligible
Q9: FMV on 1.4.81 is applicable to assets.......................
A)acquired
Q10: Cost of improvement incurred prior to 1.4.81
Q11: Cost inflation rules for the purpose of
Q12: Short term capital gain on sale of
Q13: Long term capital gain on sale of
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