Capital gains
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 December 2012
HI to all i have a gold costing rs. 255000
which i want to sale right now which i got as a gift from my family is it is taxable if now i will sale it
RAGHUVENDRA SINGH
which i want to sale right now which i got as a gift from my family is it is taxable if now i will sale it
RAGHUVENDRA SINGH
27 December 2012
Yes, the gain on it shall be taxable in your hands and the cost of such gold shall be consider the cost to the previous owner(i.e purchase cost of your family member those who given gift to you).
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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Querist : Anonymous
Querist :
Anonymous
(Querist)
12 February 2013
Thanks Sir
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