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51. The capital gain is a chargeable under________________of Income Tax Act.
Section 45
Section 55
Section 56
Section 40
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52. The definition of the person includes_________________.
An individual
A company
A Hindu undivided family
All of the above
53. Any rent or revenue derived from land which is situated in India and is used for agricultural purpose is________________.
Partially taxable
Fully-taxable
Exempted from tax
None of the above
54. Residential Status of an assesses can be__________________.
Different for the different previous year in the same assessment year
Different from the different assessment year
55. The income of previous year is chargeable to tax in the_______________.
Immediately succeeding the assessment year
Same previous year
Immediately preceding academic year
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