In terms of section 2 (42A), listed securities are treated as long-term capital asset, if they are held for a period of more than :

CS Executive · Tax Laws · PYQS · June 2024
In terms of section 2 (42A), listed securities are treated as long-term capital asset, if they are held for a period of more than :
(A) 12 months
(B) 36 months
(C) 24 months
(D) 48 months

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax

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