Capital gains
This query is : Resolved
01 September 2014
Purchased a pistol for Rs 75000 three years back.Now willing to sell the same.does it attract capital gains & what % kindly help.
01 September 2014
the ans is no as its personal effect and not a capital asset but income is chargeable as income from other sources
02 September 2014
Thank You Mr Tushar Sampat
02 September 2014
You are welcome kapil beri
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ADT-3 AND ADT-1
- TDS Under Section 194IA Where More than one Buyer and More than one Seller
- E-way bill issue with two invoice
- Interest on Capital-Partnership Firm
- TDS payable on Lottery - Luck and Draw - Car
- When the late filing credit will available to ISD for Distribution
- Share valuation MTHOD
- TDS on rent paid to NRI rate
- Itr .….......
- RCM RELATED QUESTION
- Statuatory audit and company audit
- FOREIGN GAIN AND LOSS
- 80G deduction eligibility
- GST on Tobacco - as per new notification
- Cant amend a 26QB
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- TDS under section 195.
- Filing GST Returns after death of proprietor
- Registered Required in GST Act
Trending Online Classes
-
Online GST Course - Master the Fundamentals of GST with Practical Insights
Ruhi Joshirao19 January 2026
CAclubindia
