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      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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