What is the time limit for holding of a Financial Asset, to be called Short Term Capital Asset?
A. Not more than 6 months.
B. Not more than 12 months.
C. Not more than 24 months.
D. Not more than 36 months.
Answer:B
What is the time limit for holding of a Financial Asset, to be called Short Term Capital Asset?
A. Not more than 6 months. B. Not more than 12 months. C. Not more than 24 months. D. Not more than 36 months.