Assets to be shown in 1st income tax return
This query is : Resolved
Ravi Dhanraj
(Querist)
10 June 2014
i want to show gold jewwellery of rs 10 lakhs in my 1st return as an assets. can i do so??
Sandeep Dharar
(Expert)
10 June 2014
Ravi Gold & Jewellery's r investment n not Asset. U can show it as investment, but u cant claim depreciation on that.
Guest
Guest
(Expert)
10 June 2014
ya u can show but as investments.............
Guest
Guest
(Expert)
10 June 2014
ya u can show but as investments.............
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