Gift of a capital asset is not considered as transfer, however exception is:

Related MCQs

• Cost of acquisition of capital asset being immovable property acquired through gift covered u/s 49(4) is:
• 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
• When a capital asset was acquired on 01.04.1980 and sold in June, 2017, the cost of acquisition or the fair market value of the asset as on ------, at the option of the assessee is to be adopted for indexation purpose:
• 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.
• Cost of acquisition of self-generated asset is nil, the exception is:
• Gift received by an individual in certain circumstances is not taxable, one of them is:
• Block of asset is required to be increased by an amount which is actual cost of the asset being covered u/s 35AD that amount is:
• Income of minor is clubbed however the clubbing provision is not applicable if
• Long term capital gain arising from transfer of unlisted securities in the hands of nonresident / foreign company is chargeable to tax at
• U/s 54, capital gain will be allowed as exemption if the house property under transfer is held for