CAP CLASSES

Mr. Ram entered into an agreement with Mr. Shyam for sale of a building for INR 20 Lakhs. In June 2019, Mr. Ram received advance of INR 2 Lakhs. Subsequently the agreement was cancelled and Mr. Ram forfeited the advance money. The advance money is .

Cost of improvement shall be indexed if .

Cost of improvement includes .

No indexation is done in case of .

Securities transaction tax paid by the purchaser of shares and unit, not being dealer in shares, shall .

Cost of acquisition includes .

Securities transaction tax paid by the transferor of shares and units by a person shall .

Units of UTI or equity – oriented MF are treated as long term capital asset, if they are held for more than months.

Zero- coupon bonds are treated as long term capital asset, if they are held for more than months.

Units of debt-oriented mutual funds are treated as long term capital asset, if they are held for more than months.

Unlisted equity shares are treated as long term capital asset, if they are held for more than months.

Listed securities (except bonds and units) are treated as long term capital asset, if they are held for more than months.

Which of the following assets is long term capital assets?

Gold utensils are ____and silver utensils are .

Which of the following is capital asset?