Easy Office
LCI Learning

Capital asset

This query is : Resolved 
Profile Image

Profile Image

(Querist)
10 October 2011 sir/mam
whether bullion is a capital asset under sec 2(14) of income tax act as it is specifically included included in definition of property in finance act 2010 for the income from other source property valuation under 56(2)(vii)
Profile Image

CA.E.Deepan Chakravarthy

Profile Image

CA.E.Deepan Chakravarthy (Expert)
11 October 2011 Yes bullion is a capital asset

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links