Under which section, a firm is eligible for exemption in respect of long term capital gain arising from the sale of a residential house:
A) Sec. 54S
B) Sec. 54EC
C) Sec. 54D
D) Sec. 54F
Correct Answer:
Verified
Q8: The rate of depreciation applicable to furniture
Q9: The allowable depreciation on motor car is:
A)5%
B)25%
C)30%
D)40%
Q10: What is the additional rate depreciation on
Q11: The allowable rate of depreciation on computer
Q12: Which among the following is not a
Q14: Income from the sale of a house
Q15: Cost Inflation Index for the Financial Year
Q16: For being long term capital gain, the
Q17: Which among the following is not a
Q18: Capital gain on depreciation assets is always:
A)LTCG
B)STCG
C)Tax
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