
capital gain
Quiz
•
Arts
•
University
•
Practice Problem
•
Hard
Ragupathi P
Used 1+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cost of inflation index for AY 2021-22 is;
A. 100
B. 200
C. 289
D. 331
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
F.M.V. on 1.4.2001 is applicable to assets:
A.Transferred prior to 1.4.2001
B. Acquired prior to 1.4.2001
C. Acquired after 1.4.2001
D. None of these
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cost of improvement incurred prior to 1.4.2001 is:
A. Indexed along with cost of acquisition
B. Ignored fully
C. Indexed separately
D. None of these
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Long term capital gain on sale of listed shares are
A. Taxable
B. Exempted
C. Partly taxable
D. None of these
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Long term capital gain on sale of unlisted shares are
A. Exempted
B. Taxable
C. Partly taxable
D. None of these
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Exemption u/s 54 is allowed for investment in
A. Shares
B. Land
C. Another residential house
D. Jewellery
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