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sale, exchange or relinquishment of the asset; As per Section 2(47) of Income Tax Act, 1961, unless the context otherwise requires, the term “Transfer” in relation to a capital asset, includes- · the sale, exchange or relinquishment of the asset; or · the extinguishment of any rights in relation to a capital asset; or · the compulsory acquisition of asset thereof under any law; or · in a case where the asset is converted by the owner thereof into, or is treated by him as, stock-in-trade of a business carried on by him, such conversion or treatment; or · the maturity or redemption of a zero-coupon bond; or · allowing possession of immovable properties to the buyer in part performance of the contract; · any transaction which has the effect of transferring an (or enabling the enjoyment of) immovable property; or · disposing of or parting with an asset or any interest therein or creating any interest in any asset in any manner whatsoever.
Select the option that can be used as a one-word substitute for the given group of words.
A building where monks live as a community
Direction: In the sentence, four highlighted words are given. One of these words may be misspelt or inappropriate in the context of the sentence. Find ...
In each of the following questions, three out of four words given have the same meaning. Mark the number as your answer which is different in meaning fr...
Select the option that can be used as a one-word substitute for the given group of words.
A person who knows everything
Select the most appropriate option that can substitute the bold segment in the given sentence. If there is no need to substitute it, select ‘No substi...
Select the option that can be used as a one-word substitute for the given group of words.
A person who believes that war and violence are unjustifiable
She leans back onto the couch, giggling as I swing a makeshift pendulum before her eyes and lower my voice .
...Among the given alternatives you have to find the word which can be the best substitute for the given sentence.
Ideas or statements that are ...
Affinity
Select the most appropriate meaning of the highlighted phrase.
The loss of all stakes came like a bolt from the blue.
