Q.

Which of the following is exempted?

A. All kinds of long term (30 or more years) leases of industrial plots
B. Long term (30 or more years) leases of industrial plots or plots for development of infrastructure for financial business by State Government Industrial Development Corporations or Undertakings to industrial units
C. Short term (up to 30 years) leases of industrial plots by State Government Industrial Development Corporations or Undertakings to industrial units
D. All kinds of short term (up to 30 years) lease of industrial plots
Answer» B. Long term (30 or more years) leases of industrial plots or plots for development of infrastructure for financial business by State Government Industrial Development Corporations or Undertakings to industrial units
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