MCQ on Income from Capital Gains

Income Tax MCQ QUIZ Set – 12 (Income from Capital Gains)

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MCQ on Income from Capital Gains Capital Gains Tax MCQs 1. Short term capital assets has been defined….. A) Sec 4(24A) B) Sec 4(22A) C) Sec 2(42A) D) None of the above … Answer is C) Sec 2(42A) Show Answer 2. Long term capital assets has defined u/s A) Sec 2(29A) B) Sec 2 (92A) … Read more

Income Tax MCQ QUIZ Set – 11 (Income from Capital Gains)

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MCQ on Income from Capital Gains Capital Gains Tax MCQs 1. Sec 45 related to A) Capital assets B) capitals gains C) Assets D) None of the above … Answer is B) capitals gains Show Answer     2. Where total block of depreciable assets is transferred after 36 months, there will A) Short term … Read more