Which of the following is not a requisite for charging income-tax on capital gains -
A) the transfer must have been effected in the relevant assessment year
B) there must be a gain arising on transfer of capital asset
C) capital gains should not be exempt u/s 54
D) capital gains should not be exempt u/s 54ec
Correct Answer:
Verified
Q1: The charging section of the income under
Q3: The following shall not be regarded as
Q4: The following shall be regarded as capital
Q5: The following shall not be regarded as
Q6: The following shall be regarded as capital
Q7: Capital asset excludes all except
A)stock-in-trade
B)personal effects
C)jewellery
D)agricultural land
Q8: Which of the following are included in
Q9: A short term capital asset means a
Q10: In terms of section 2(42A), listed securities
Q11: A Long term capital asset means a
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