A short term capital asset means a capital asset held by the assesse for not more than

Related MCQs

• Which of the following shall not be regarded as capital asset?
• Substantial interest in the company means not less than---- of voting power
• Flat rate of corporate tax for a domestic company with annual turnover more than Rs250 crore is
• Which among the following is not a widely held company
• Long term capital loss can be set off against -----
• The income tax rate on long term capital gains for an individual is …………..
• A person carrying not less than----- of the voting power in a company is said to have substantial interest in the company.
• Which of the following is not a capital expense?
• If the tax liability of a company is less than 18.5% of its book profits, the company is liable to pay MAT at the rate of ------
• Income distributed by a fund other than a money market mutual fund or a liquid fund to an individual or HUF is subject to CDT at the rate of