capital gain


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Querist : Anonymous

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Querist : Anonymous (Querist)
29 March 2011 A 70 years lady sold her jewellery in FY 2009-10 for10,00,000/-, which was acquired / recieved by her at the time of marriage in the year 1955. Whether she is liable to pay capital gain.

29 March 2011 USE THE FAIR MARKET VALUE OF 1981 AND THEN INDEXED IT AS PER INCOME TAX ACT.

29 March 2011 USE THE FAIR MARKET VALUE OF 1981 AND THEN INDEXED IT AS PER INCOME TAX ACT.


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