Jewellery capital gain
This query is : Resolved
Hardik Sharma
(Querist)
03 July 2018
Respected Sirs.If one sells his jewellery for repayment of loan purposes; is that transaction chargeable to capital gains tax? Can and how much can he deposit the amount in his bank account
Vishakha Kejriwal.
(Expert)
04 July 2018
Yes sale of jewelery would be liable to capital gains
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