Top 50+ Solved CAPITAL GAIN MCQ Questions Answer

a. section 15

b. section 17

c. section 10

d. section 45 (2)

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

a. urban land

b. securities held by a foreign institutional investor as per sebi act, 1992

c. archaeological collections

d. motor car

a. gold jewellery held by jeweller as sit trade.

b. securities held by fii as per sebi act, 1992, held as stock in trade.

c. motor car held by motor car manufacturer as sit

d. none of above

a. stock-in-trade

b. personal effects

c. jewellery

d. agricultural land in india.

a. ornaments made of gold, silver and platinum.

b. precious metals whether or not worked or sewn into any wearing apparel.

c. semi-precious stones.

d. all of the above.

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.

a. 12 months

b. 36 months

c. 24 months

d. 48 months

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.