Q725
Section 111A is applicable in case of STCG arising on transfer of the following which are transferred on or after 1st October 2004 in are cognised stock exchange and such transaction is liable to securities transaction tax (STT).
A.
Preference shares
B.
Units of debt oriented mutual fund
C.
Units of business trust
AnswerD.
Zero coupon bonds
Answer: Option C
Solution
Answer: Option C
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