McqMate
Q. |
Which of the following is not a requisite for charging income-tax on capital gains – |
A. | the transfer must have been effected in the relevant assessment year |
B. | there must be a gain arising on transfer of capital asset |
C. | capital gains should not be exempt u/s 54 |
D. | capital gains should not be exempt u/s 54ec |
Answer» A. the transfer must have been effected in the relevant assessment year |
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