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Taxation (India) Practice Test: Capital Gain
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Avg score: 66% • Most missed: “The following shall not be regarded as capital asset:”
Taxation (India) Practice Test: Capital Gain
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11 Questions

1. A Long term capital asset means a capital asset held by the assessee for more than:
2. The following shall be regarded as capital asset:
3. In terms of section 2(42A), listed securities are treated as long-term capital asset, if they are held for a period of more than –
4. The following shall be regarded as capital asset:
5. Capital asset excludes all except
6. A short term capital asset means a capital asset held by the assessee for not more than:
7. The following shall not be regarded as capital asset:
8. In terms of section 2(42A), listed securities are treated as long-term capital asset, if they are held for a period of more than –
9. The charging section of the income under the head capital gains is :
10. Capital asset excludes all except
11. A short term capital asset means a capital asset held by the assessee for not more than:

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