Capital gain ON SALE OF CAR HYUNDAI
This query is : Resolved
26 July 2023
01/04/2022 car hyundai RS. 327475
30/06/2022 new car purchase RS. 1769900
01/08/2022 SALE CAR HYUNDAI RS. 485000
NET BLOCK RS. 1612375
DEPRECITAION RS. 241856
IS SHORT TERM CAPITAL GAIN ARISE ON SALE OF CAR HYUNDAI ??
30/06/2022 new car purchase RS. 1769900
01/08/2022 SALE CAR HYUNDAI RS. 485000
NET BLOCK RS. 1612375
DEPRECITAION RS. 241856
IS SHORT TERM CAPITAL GAIN ARISE ON SALE OF CAR HYUNDAI ??
24 August 2023
https://learn.quicko.com/capital-gain-tax-on-movable-property-jewellery-car-painting#:~:text=Income%20from%20the%20sale%20of%20a%20car%20is%20a%20Capital,indexation%20as%20per%20Section%20112.
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