A Long term capital asset means a capital asset held by the assessee for more than:
A) 12 months immediately preceding the month of its transfer.
B) 24 months immediately preceding the date of its transfer.
C) 36 months immediately preceding the date of its transfer.
D) none of the above.
Correct Answer:
Verified
Q1: The charging section of the income under
Q2: Which of the following is not a
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
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