Question 321

Rate of 15% pea compounded annually will be equal to ---------------- % per month.
  • Question 322

    Jaya is the owner of two residential houses. She sold one house on 23-12-2011 for Rs.12,50,000 which was purchased by her on 25-4-1979 for Rs.80,000. The market value of the land as on 1-4-1981 was Rs.98,000.
    Expenses on transfer were 1.5% of the sale price. The entire sale proceeds was utilized to construct the first and second floor on her second house which she completed by 15-3-2010. Compute the capital gain for the assessment year 2012-13. [CII-12-13: 852,11-12: 785, 10-11:711, 83-84: 116]
  • Question 323

    You bought a stock for Rs. 20 and sold it for Rs. 59.72 after six years. What was the annual rate of return?
  • Question 324

    If the income from a Private Trust originates from a business, then it is normally taxed.
  • Question 325

    Customers with poor credit history due to defaulting payments is ..................