MCQOPTIONS
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| 1. |
A Long term capital asset means a capital asset held by the assessee formore than: |
| A. | 12 months immediately preceding the month of its transfer. |
| B. | 24 months immediately preceding the date of its transfer. |
| C. | 36 months immediately preceding the date of its transfer. |
| D. | none of the above. |
| Answer» D. none of the above. | |