Stock in trade
This query is : Resolved
06 February 2015
when a businessmen Trf his personal jewllery in business as stock in trade.
then what will be the tax effect
it is capital gain when he have to pay tax and at what value
06 February 2015
http://taxguru.in/income-tax/capital-gain-conversion-capital-asset-stock-trade.html
http://www.icaiknowledgegateway.org/littledms/folder1/capital-gains-part-5.pdf
http://www.icaiknowledgegateway.org/littledms/folder1/capital-gains-part-5.pdf
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