Q. What is meant by 'Capital Gain'? (Solved)
1. Part of profits added to the capital
2. Appreciation in the money value of assets
3. Additions to the capital invested in a business
4. None of these
- b. Appreciation in the money value of assets
1. Part of profits added to the capital
2. Appreciation in the money value of assets
3. Additions to the capital invested in a business
4. None of these