Tax treatment

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 September 2011 When capital asset is converted into stock in trade, then it is taxable under head "capital gain".
What would be the tax treatment when stock in trade is converted into capital asset?

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 September 2011 anyone plzzzzzz reply.........



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query