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INTERVIEW QUESTIONS
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MUNICIPAL TAX / PROPERTY TAX
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Question: What is a Capital Asset?
Answer: Capital Asset means property of any kind held by a taxpayer, whether or not connected with his business or profession. Land, building, house property, vehicles, patents, trademarks, leasehold rights are some examples of capital assets.
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Municipal Tax / Property Tax Interview Questions & Answers -
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Question:
What is a Capital Asset?
Answer:
Capital Asset means property of any kind held by a taxpayer, whether or not connected with his business or profession. Land, building, house property, vehicles, patents, trademarks, leasehold rights are some examples of capital assets. Source: CoolInterview.com
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