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AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 201 Topic 21 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 201 Topic 21 Discussion

GLO_CWM_LVL_1 Exam Topic 21 Question 201 Discussion:
Question #: 201
Topic #: 21

Saptarshi acquired shares of G Ltd. on 15.12.98 for Rs. 5 lacs which were sold on 14.6.11 for Rs. 19 lacs.

Expenses on transfer of shares Rs. 40,000. He invests ` 8 lacs in the bonds of Rural Electrification. Corporation Ltd. on 16.10.2011. Compute capital gain for the assessment year 2012-13.


A.

Rs 7,41,766


B.

Nil


C.

Rs 11,18,234


D.

Rs 12,45,745


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