Question
Section 112 A deals with
Solution
Section 112A provides for long-term capital gains tax on the sale of listed equity shares, equity-oriented mutual funds and business trust. The rate of long-term capital gains tax on these listed securities is 10% for gains exceeding the threshold of Rs 1 lakh.  Section 112A was inserted by the Finance Act 2018 to tax long-term capital gains from the sale of listed equity shares, units of equity-oriented mutual funds and units of business trust. Earlier, section 10(38) allowed a capital gains exemption from the sale of listed equity shares, units of mutual fund and business trust. Section 48 deals with method of computing capital gain.
Statement:
Some A are B
Few D are B
Some C are D
Conclusion:
I. Some A are C
II. Some D are A is not a p...
Three statements are given followed by three conclusions numbered I, II, and III assuming the statements to be true, even if they seem to be at varian...
- Statements:
Only Biscuit is Cookies
Some Biscuits are Cakes
All Cakes are Candles
Conclusion:
I. No Candle is Cooki... Conclusions:
A few platforms may be trains.
Some tickets being passenger is a possibility.
Statements:
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements:
All charts are graphs.
Some graphs are data.
Some data are details.
Conclusions:
I. Some graphs are...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if ...
Statements:Â
Only a few Towels are Showers.
All Showers are Garments.
No Garment is a Material.
Conclusions:
I. ...
Statements:
Few Date are Week
Few Week are Month
Some Month are not Year
Conclusion:
I. All Date are Month is a possi...
