MCQOPTIONS
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| 1. |
In respect of shares held as investment, while computing the capital gains, securities transaction tax paid in respect of sale of listed shares sold in a recognized stock exchange, |
| A. | Is deductible up to Rs.1,00,000 |
| B. | Is deductible up to Rs.2,00,000 |
| C. | Is deductible if C.G.’s is < 5,00,000 |
| D. | Is not deductible at all |
| Answer» E. | |