Capital asset
This query is : Resolved
09 July 2012
if an assessee sale gold bar whether he will be liable for capital gain because capital asset as per sec 2(14) cover jewellery
09 July 2012
Yes, Liable for Cap Gain.
he can also get the benfit of Indexation if applicable to his case
he can also get the benfit of Indexation if applicable to his case
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