Any incidental expenditure on disposal of capital assets shall form part of _____________.

Related MCQs

• Capital gain tax shall not be chargeable on disposal of securities which are held for a period of __________.
• Gain arising from the disposal of _________ is taxable under the head capital gains.
• Gain on disposal of immovable property is chargeable to at _____%, where holding period is up to one year.
• ____________are capital assets.
• Capital loss u/s 37 is allowed as deduction for those assets the gain of which is___________.
• Expenditure incurred on exempted income is.............. as deduction.
• ‘Derivatives’ is a general term for financial assets that are “derived” from other_______________.
• Under the head Business or Profession, the method of accounting which an assessee can follow shall be:
• The deduction available under section 80QQB in respect of royalty income of authors shall not exceed _____________in previous year.
• If the payee does not furnish PAN and TDS under section 194, dividends shall be made @__________ .