Capital Gain
This query is : Resolved
18 February 2009
What type of paper document is required if I sale gold/jewllery inherited from my father.
What kind of document needed to determine cost of previous owner as specified under section 49(1) of income tax act when I dont have the bill?
Is there any other types of documents required?
What kind of document needed to determine cost of previous owner as specified under section 49(1) of income tax act when I dont have the bill?
Is there any other types of documents required?
18 February 2009
Valuation certificate from the registered jeweller is required to prove the values. Try to make transaction through bank. so that genuineness of transaction can be proved.
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