NISM 10B Investment Adviser Level 2 Notes

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  • Belated Return: Filed after due date but before specified period.
  • Capital Asset: Property of any kind, excluding stock-in-trade and personal effects.
  • Short-Term Capital Asset: Held for less than specified period, e.g., 36 months for land.
  • Long-Term Capital Asset: Held beyond the specified period for the asset type.
  • Transfer: Includes sale, exchange, relinquishment, or gift of a capital asset.

NISM 10B NISM Investment Adviser Level 2

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