Question

    For Assessment year 2020-21, A security ( other than a

    unit) listed in a recognized stock exchange, or a unit of equity oriented fund or a unit of the Unit Trust of India or a Zero Coupon Bond will, however be considered as a long-term capital asset if the same is held for more than ______ immediately preceding the date of transfer.
    A 12 months Correct Answer Incorrect Answer
    B 36 months Correct Answer Incorrect Answer
    C 18 months Correct Answer Incorrect Answer
    D 24 months Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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