Capital gain
Abhishek Selvam O (374 Points)
04 April 2020
If jewllery that is used for personal purpose sold will capital gain arise.
Abhishek Selvam O (374 Points)
04 April 2020
rama krishnan
(12234 Points)
Replied 05 April 2020
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 05 April 2020
transfer of Jewelry shall attract Capital Gain .
as it is out of the definition of "personal movable assets" of the assessee .
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