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Tax on gold

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 May 2014 when we sale the gold then what is tax impact in such case ? please describe in details.
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Sandeep Dharar

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Sandeep Dharar (Expert)
09 May 2014 It will b ur income from Capital gain
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Querist : Anonymous

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Querist : Anonymous (Querist)
09 May 2014 if we sale a gold of Rs. 35000 than also it will be liable for C.G.
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Sandeep Dharar

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Sandeep Dharar (Expert)
09 May 2014 Yes if u sold gold value of Re 1(suppose) then also CG is applicable on that.
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