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Capita gains arise or not

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27 June 2019 I have a car shown in the balance sheet, but I have not claimed any depreciation on it. And the same is used for personal purpose only. In the previous year, I have sold the car and it is used less than a year. Now is it attract any capital gain or loss.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 June 2019 No capital gains tax payable on this sale. The sale of personal belongings does not attract any capital gain tax.
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