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| Q. |
Among the following which is the best example of a short term capital gain? |
| A. | A motor-cycle sold at a marginal loss within a year of its purchase |
| B. | A house held by a real estate dealer for sale, the value of which has increased before purchase |
| C. | A pleasure car sold for more than what was paid for it within 4 months of the purchase |
| D. | A gift which is resold within six months of receipt |
| E. | None of the above |
| Answer» C. A pleasure car sold for more than what was paid for it within 4 months of the purchase | |
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