On 15th November 2020, Mohan sold 1 kg of gold, the sale consideration of which was ₹ 1,19,760. He had acquired the gold on 11th December 2000 for ₹ 64,000. The fair market value of 1 kg gold on 1st April 2001 was ₹ 62,000. The number of capital gains chargeable to tax for the AY 2021-22 shall be

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Question:On 15th November 2020, Mohan sold 1 kg of gold, the sale consideration of which was ₹ 1,19,760. He had acquired the gold on 11th December 2000 for ₹ 64,000. The fair market value of 1 kg gold on 1st April 2001 was ₹ 62,000. The number of capital gains chargeable to tax for the AY 2021-22 shall be

1.17,200

2. 50,000

3. (72,880) loss

4.(70,080) loss

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  1. On 15th November 2020, Mohan sold 1 kg of gold, the sale consideration of which was ₹ 1,19,760. He had acquired the gold on 11th December 2000 for ₹ 64,000. The fair market value of 1 kg gold on 1st April 2001 was ₹ 62,000. The number of capital gains chargeable to tax for the AY 2021-22 shall be
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