Economics · Income Tax
The amount unutilised in the Capital Gains Accounts Scheme for which exemption was claimed under Section 54 shall be treated as long-term capital gain in the previous year in which which of the following periods has expired?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A period of 3 years from the date of transfer✓
- 2A period of 3 years from the date of deposit
- 3A period of 2 years from the date of transfer
- 4A period of 2 years from the date of deposit
Correct answer
A period of 3 years from the date of transfer
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Income Tax MCQs →Want more practice questions on Income Tax?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Income Tax