[Solved] A Long term capital asset means a capital asset held by the assessee for more than:

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Q.	A Long term capital asset means a capital asset held by the assessee for more than:
A.	12 months immediately preceding the month of its transfer.
B.	24 months immediately preceding the date of its transfer.
C.	36 months immediately preceding the date of its transfer.
D.	none of the above.
Answer» C. 36 months immediately preceding the date of its transfer.

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