UGC NET Capital gains Previous Year Questions
JRFSmart holds 6 previous-year questions on Capital gains from UGC NET Commerce (Paper 2), filed under Unit 10: Income-tax and Corporate Tax Planning, drawn from 5 of the 22 exam papers in the bank (2019–2024). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in Capital gains
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Capital gains account scheme - Section 54 | 1 |
| Section 54 - capital gains account scheme | 1 |
| Set-off of long-term capital loss | 1 |
| Exemptions under Sections 54 to 54EC | 1 |
| Sequence for computing capital gains | 1 |
NTA repeat analysis
Capital gains appears in 5 of 22 papers (23%), which JRFSmart rates as medium frequency.
Sample previous-year questions
What is the correct sequence to be followed for the following while computing income under the head Capital Gains? A. Deduction of indexed cost of acquisition B. Determination of full value of consideration C. Determination whether the asset is a capital…
Match List-I with List-II: List-I Assets Transferred List-II Exemptions of capital gains Sections 54-54EC Income Tax Act A. Section 194 of the Income Tax Act, 1961 I. Section 54B B. Section 194C of the Income Tax Act, 1961 II. Section 54EC C. Section 194E of…
Given below are two statements: Statement I: Long term capital loss can only be set off against the long term capital gains. Statement II: Long-term capital gains exceeding Rs one lakh are subject to tax at the rate of 10% with indexation and at 20% without…
Match List I with List II LIST I | LIST II A. Agricultural Land | I. Section 54 B B. Residential House | II. Section 54 EC C. Land or Building or Both | III. Section 54 D D. Land and Building forming part of an industrial undertaking | IV. Section 54 Chose…
Amount unutilized in the capital gain scheme for which exemption was claimed under section 54 shall be treated as long-term capital gain in the previous year?
Amount unutilized in the capital gain account scheme for which exemption is claimed u/s 54 shall be treated as long-term capital gain, if:
Showing 8 of 6 questions, without answers. Practise the full set with options, the official answer and JRFSmart's explanations.
Practise Capital gains
All 6 questions, one topic, with explanations and repeat data. One topic in every unit is free.
Practise this topic