A short term capital asset means a capital asset held by the assessee – McqOptions

MCQOPTIONS

1.	A short term capital asset means a capital asset held by the assessee for notmore 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.

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