banner_ad

For capital gain

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 April 2014 If Any Individual Exchange Their Old Gifted Ornament & Purchase New Gold Ornament so how will Capital Gain calculation in this case .
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
21 April 2014 capital gain =
sale price-cost acquisition ( purchase price X index cost of Current year/purchase year index)-exp. on sales if any= capital gain

it will taxable @ 20.60%

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 April 2014 But On this Sales Price Again Re-investment in Gold Ornament. Can we will claim for Exemption u/s 54 ?
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
21 April 2014 not under 54 but under 54EC or 54F.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details