Menu
GK
ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
REASONING
COMPUTER SC.
COURSES
GK
ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
REASONING
COMPUTER SC.
COURSES
By
Gkseries
Click here for more questions
Commerce Short Question | Gkseries
Home
/
General Knowledge
/
as-per-the-income-tax-1961-capital-gain-arising-from
Sports GK Questions and Answers 2024 (Latest Updated)
Awards & Honours GK Questions 2024 (Latest Updated)
Question
As per the Income Tax, 1961, capital gain arising from the sale of agricultural land owned for 5 years in rural areas is
A
Taxable as short term capital gains
B
Taxable as long term capital gains
C
Exempted
D
Partly taxable and partly exempted
View Answer
Answer & Explanation
Answer:Exempted
Advertisement
Article and Schedule Quiz
Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP
Next Question →
Teacher Eligibility Test
