McqMate
Q. |
The following shall be regarded as capital asset: |
A. | gold jewellery held by jeweller as sit trade. |
B. | securities held by fii as per sebi act, 1992, held as stock in trade. |
C. | motor car held by motor car manufacturer as sit |
D. | none of above |
Answer» B. securities held by fii as per sebi act, 1992, held as stock in trade. |
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