U/s 54, capital gain will be allowed as exemption if the house property under transfer is held for

Related MCQs

• When Mr. Avinash earned long-term capital gain of Rs. 1,80,000 on sale of listed shares, his total income being Rs. 10 lakhs, the amount of income-tax (including cess) on the said long-term capital gain would be _________ .
• Where a partner of a firm transfers any capital asset to the firm by way of capital contribution, for the purpose of computing capital gain in the hands of the partner, the amount of deemed consideration is
• Long term capital gain arising from transfer of unlisted securities in the hands of nonresident / foreign company is chargeable to tax at
• While computing capital gain on sale of immovable property, full value of consideration shall be:
• Shares in unlisted companies, in order to be treated as long-term capital asset, should be held for a minimum period of ____________ immediately prior to the date of transfer.
• Maximum amount of exemption available in respect of amount received under voluntary retirement scheme is:
• The lock-in-period for capital gain bonds issued by National Highway Authority of India for the purpose of deduction under section 54EC is ________.
• Which of the following deductions is /are not allowed in case of a deemed to be let-out house?
• The basic exemption limit for a resident super senior citizen above the age of 80 is
• The threshold exemption limit for Equalization levy is?