McqMate
Q. |
Long term capital gain on sale of equity share through stock exchange |
A. | is exempt u/s 10(38) |
B. | is exempt u/s 10(37) |
C. | is covered u/s 111A, hence liable to tax @ 15% |
D. | is taxable @ 20% and @ 10% if index benefit is not claimed. |
Answer» A. is exempt u/s 10(38) |
View all MCQs in
Direct TaxationNo comments yet