Posted by: Pdfprep
Post Date: January 29, 2021
Saptarshi acquired shares of G Ltd. on 15.12.98 for Rs. 5 lacs which were sold on 14.6.11 for Rs. 19 lacs.
Expenses on transfer of shares Rs. 40,000. He invests ` 8 lacs in the bonds of Rural Electrification. Corporation Ltd. on 16.10.2011. Compute capital gain for the assessment year 2012-13.
A . Rs 7,41,766
B . Nil
C . Rs 11,18,234
D . Rs 12,45,745
Answer: B