one of the it returns non filed goldsmith person buying and selling for gold jewellery and coin bars and biscuits some transaction (purchase transaction -6 selling transaction -6) one finical year.
question;
a person above mentioned transaction business income or capital gains income treated in it act
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Business income or capital gains treated
Replies (3)
The BROAD HEADING IS CAPITAL GAINS
PROFITS AND GAINS FROM BUSINESS PROFESSION
PROFITS AND GAINS FROM BUSINESS PROFESSION
For Goldsmith its business transactions.
All is under one head as I hv stated. No deviation.
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