Capital gain taxation


This query is : Open 

(Querist)
30 July 2015 Computer, IS This a Capital Asset Or Not?
Is this Classified as a Personal Effect or not?

Is Capital Gain Taxation Applicable on Computer?

Please do Clarify As Soon as Possible....

30 July 2015 Computer is not a capital asset.

Sunil CA (Querist)
30 July 2015 Thank You for your reply.

could you give me any case law or reference to any act supporting that it is not a capital asset


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