capital gains

Immovable property, being land or building or both, held for not more than ____________, is treated as short-term capital asset.

Unlisted shares held for not more than ____________, is treated as short-term capital asset.

In order to claim deduction of expenditure incurred in relation transfer, what is timing of incurring such expenditure?

Cost inflation index for the financial year 2018-19 is ____.

If capital asset has been acquired by any mode referred to in section 49 (1), then in order to find out whether a capital asset is a short-term or long-term capital asset, the period of holding of the _______ shall be taken into consideration.

As per section 55 (2), if capital asset has been acquired either by the previous owner or by the taxpayer prior to April 1, 2001, then options is available to adopt fair market value as on______ as cost of acquisition.

As per section 51, if any advance, or other money received and forfeited by the taxpayer (not
by the previous owner), the it shall be reduced from the cost for which the asset was acquired or from fair market value as on 1st April, 2001, as the case may be. This rule is applicable for the advances received upto _________.

As per section 55 (1) (b), cost of improvement prior to _________, incurred either by the previous owner or by the taxpayer shall be completely ignored.

First proviso to section 48 (popularly known as conversion rule) is applicable to ______ only.

Under first proviso to section 48 (popularly known as conversion rule) expenditure on transfer shall be converted into foreign currency applying the average exchange rate on ________.

Under section 45(1A), the liability to capital gain may arise on damage to or destruction of capital asset as a result of few factors. Which factor is not relevant for attracting the provisions of section 45(1A)?

Under section 45(2), _________ of the capital asset on the date on which it was _______shall be deemed ot be the full value of consideration.

Under section 45(3), _______shall be deemed to be the full value of consideration.

Under section 45(4), _______shall be deemed to be the full value of consideration.

The provisions of section 45(5) shall be applicable when transfer of capital asset is by way of _______.

While computing capital gain at the time of receipt of enhanced compensation under section 45(5)(b), ________________ shall be taken as nil.

Tax treatment prescribed under section 45(5A) is relevant when there is a transfer of immovable property under ___________.

The benefit of tax treatment prescribed under section 45(5A) is available to the _______.

Under section 45(5A), the capital gain tax liability would arise in the previous year in which _________for the whole or part of project is issued by _______.

As per the provisions of section 46(1), where the assets of a _______ are distributed to its ______ on its liquidation, such distribution shall not be regarded as a transfer.

Section 50D provides that where the consideration received or accruing as a result of the
transfer of a capital asset by an assessee is not ascertainable or cannot be determined, then, for the purpose of computing income chargeable to tax as capital gains, the fair market value of the said asset on the date of transfer shall be deemed to be the __________ received or accruing as a result of such transfer.

Identify the capital asset whose cost may not be taken as NIL while computing capital gain?

Identify the capital asset whose cost of improvement may not be taken as NIL while computing capital gain?

If right entitlement letter which is renounced by the assessee in favour of a third person, then cost of acquisition of such letter in the hands of assessee shall be ________

If right shares are acquired by the taxpayer by exercising his right, then cost of acquisition shall be ________

If right shares purchased by the third person in whose favour the rights entitlement has been renounced, then cost of acquisition shall be __________

Out of the followings, which transaction is treated as transfer?

Under section 10(37A), exemption is available in resepct of capital gain arising on ________

With effect from A.Y.________ benefit of exemption under section 10(38) is not available

Exemption under section 54 is available to _______

To avail the benefit of section 54B, the asset transferred shall be ____________.

To avail the benefit of section 54B, the assessee shall purchase another land within a period of ____________ after the date of transfer of the eligible asset.

Exemption under section 54B will be _______the amount of capital gains arising on transfer of eligible asset or amount invested in purchase of another land.

After claiming benefit under section 54B, if new land is transferred within a period of _____ from the date of its acquisition, then the benefit granted under section 54B will be withdrawn and same shall be charged to tax as _____________ capital gain.

Exemption under section 54EE is available to _______

To avail the benefit of section 54EE, the asset transferred shall be ____________.

To avail the benefit of section 54EE, the assessee shall acquire notified units within a period of ____________ from the date of transfer of the eligible asset.

Exemption under section 54EE will be _______the amount of capital gains arising on transfer of eligible asset or amount invested in notified bonds.

After claiming benefit under section 54EC, if new asset is transferred or loan is taken on the security of new asset within __ from the date of its acquisition, then the benefit granted under section 54EC will be withdrawn.

The upper limit for claiming exemption under section 54 EC in a financial year is______

Exemption under section 54EC is available to _______

To avail the benefit of section 54EC, the asset transferred shall be ____________.

To avail the benefit of section 54EC, the assessee shall acquire notified bonds within a period of ____________ from the date of transfer of the eligible asset.

Exemption under section 54EC will be _______the amount of capital gains arising on transfer of eligible asset or amount invested in notified bonds.

After claiming benefit under section 54EC, if new asset is transferred or converted into money or loan is taken on the security of new asset within___ from the date of its acquisition, then the benefit granted under section 54EC will be withdrawn.

The upper limit for claiming exemption under section 54 EE in a financial year is______

Exemption under section 54GB is available to _______

To avail the benefit of section 54GB, the asset transferred shall be ____________.