A. 182 days.
B. 365 days.
C. 60 days.
D. 730 days.
✅ The correct answer is option D.
SSC
472. Indexation is applicable to…………………..
A. sale of short term capital assets.
B. sale of long term debentures.
C. sale of depreciable capital assets.
D. sale of long term capital assets which are not depreciable assets
✅ The correct answer is option D.
473. The value of Interest free concessional loans to employees is determined on the basis of lending rates of ………………… for the same purpose.
A. s
B. i. b. r.b.i.
C. central govt.
D. state govt.
✅ The correct answer is option A.
474. A person who is of Indian origin visiting India during the previous year to be called resident must stay in India for at least…………………
A. 60 days in py.
B. 6 days in py and 365 days or more during 4 years preceding the py.
C. 182 days in py.
D. 730 days during 7 years preceding the py.
✅ The correct answer is option C.
475. House property held for less than 36 months is……………………
A. long term capital asset.
B. short term capital asset.
C. exempted capital asset.
D. projected capital asset.
✅ The correct answer is option B.
476. Perquisites to employees are covered in the I.T. Act 1961 under……………….
A. sec 2a.
B. s
C. 17b. c. sec 28a.
D. sec. 36 c.
✅ The correct answer is option B.
477. An individual who wants to be resident of India must stay in India for at least…………….
A. 730 days in 10 previous years.
B. 182 days in the previous year.
C. 365 days in the previous year.
D. 150 days in the previous year.
✅ The correct answer is option B.
478. Shares held for less than 12 months are………………….
A. short term capital asset.
B. long term capital asset.
C. exempted capital asset.
D. projected capital asset.
✅ The correct answer is option A.
479. A Perk is…………………….
A. cash paid by employer to employee
B. facility provided by employer to employee
C. amount credited to employees.
D. none of these accounts.
✅ The correct answer is option B.
480. An individual who wants to be resident of India must satisfy at least……………….
A. one of the two basic conditions.
B. both the basic conditions.
C. both the additional conditions.
D. both the basic conditions and the additional conditions
✅ The correct answer is option A.