What are capital assets give example?
What are the types of capital assets?
- Trademark and Patent.
- Leasehold rights.
Which of the following is not a capital asset?
Personal goods such as clothes, furniture held for personal use. Agricultural land in India in a rural area. 6½% Gold Bonds, 1977 or 7% Gold Bonds, 1980 or National Defence Gold Bonds, 1980 issued by the Central Government. Special Bearer Bonds 1991.