14 June 2018
If an Individual has sold his old Gold Jewellery during the F.Y 2017-18 and received and consideration. does it need to be mentioned in the ITR to be filed for the relevant A.Y ???? Respected Experts ! Please guide ......
14 June 2018
Capital assets as defined u/s 2(14) of the IT Act includes jewelry used for personal purposes and hence would be subject to capital gains and hence merit disclosure.
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