Which among the following is not a capital asset?
A) Goodwill of business
B) Jewellery
C) Car used for business purposes
D) Agricultural land situated in a village
Correct Answer:
Verified
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
Q19: For being a long term capital gain,
Q20: Capital gain arises from:
A)Capital
B)Stock
C)Transfer of capital assets
D)None
Q22: Which among the following is not chargeable
Q23: The deduction allowable in respect of family
Q24: The inclusion of others' income in the
Q25: If marriage of parents subsists, the income
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