Capital gain tax

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(Querist)
26 December 2013 Is selling jewellery attract capital gain tax if so how much I have to pay for the Sall of 10 lakes worth of jewellery .
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
26 December 2013 1. yes it attracts capital gains. the amount of tax shall depend on the cost of acquisition of such jewellary.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
26 December 2013 it is taxable but requires more details for exact tax amount cal.
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