Which of the following terms is defined in section 2(22) of the Income-tax Act, 2025?
Capital asset is defined in section 2(22). Its statutory meaning determines the scope of capital-gains taxation.
Choose your answer
Which of the following terms is defined in section 2(22) of the Income-tax Act, 2025?
Answer and explanation
Correct answer B
Capital asset is defined in section 2(22). Its statutory meaning determines the scope of capital-gains taxation.
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Maharashtra and Goa SET (MH SET)