alleryStart learning →Which of these bonds is excluded from capital assets?
AZero-coupon bonds of firms
BDebentures of a company
CSpecial bearer bonds 1991
DUnits of mutual funds
Answer & Solution
Correct answer: C. Special bearer bonds 1991
Special bearer bonds of 1991 are listed among the exclusions, whereas debentures, zero-coupon bonds and fund units are capital assets.
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