Multiple Choice
To be a long term capital asset, a non financial asset should be held more than................
A) 12 months.
B) 24 months.
C) 36 months.
D) 60 months.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: . Cost of long term debentures are.....................<br>A)eligible
Q3: Exemption u/s 54 is allowed when a
Q4: Additional depreciation is allowed at half the
Q5: Unabsorbed capital expenditure on scientific research can
Q6: Contribution made to an approved research association
Q8: Income from sale of rural Agricultural land
Q9: Statutory limit for exemption of compensation received
Q10: Which one of the following is not
Q11: Under section 44AB 'specified date' means, ...............................<br>A)30th
Q12: Rate of depreciation on furniture is........................<br>A)5%<br>B)15%<br>C)10%<br>D)20%