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    Exam 4: Capital Gain
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    In Terms of Section 2(42A), Listed Securities Are Treated as Long-Term
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In Terms of Section 2(42A), Listed Securities Are Treated as Long-Term

Question 9

Question 9

Multiple Choice

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

Correct Answer:

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