Q: 1 (IAS/2012)

Under which of the following circumstances may “capital gains” arise?
1. When there is an increase in the sales of a product
2. When there is a natural increase in the value of the property owned
3. When you purchase a painting and there is a growth in its value due to increase in its popularity
Select the correct answer using the codes given below :
stats: 
0,2736,1928,296,2736,600,1032

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