Is cash capital asset as per sec 2(14) of income tac act

Definition of property does not include cash and hence cash is not a property and if it is not property then it is not a capital asset.

but Property is not defined in Income tax act.
where is Property defined.?

In transfer of property act

In Transfer of property act they have defined immovable property. There is no definition of movable property in Transfer of Property
Act, 1882, Movable property has been defined in the General Clauses Act,1897 to mean
‘property of every descripttion except immovable property’.
Moreover nowhere they have said that cash is not Property.

Yes agreed. But there should be transfer of capital asset. Let us assume cash is a capital asset but how do you define period of holding of that asset for computation of gains

There is no capital gain I agree but is it capital asset we need to determine that.
How do you determine whether Cash is capital asset or not

Yes agreed. we do not have clear cut definition of property. However in general parlence cash is not property for the purpose of capital asset