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Capital Gain on Personal Vehicle-Reg

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264 Points Posted on 09 August 2019
I have Owned a Car (Swift Dezire)In my Individual File and use it for Personal Use if I sale this vehicle may it attracts capital gains tax(Short Term/Long Term).Kindly Clarify.
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On 09 August 2019 at 13:07 Report
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17264 Points Posted on 09 August 2019
Not to considered that LOSS
101 Reply
On 09 August 2019 at 13:13
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264 Points Posted on 09 August 2019
I got gain in that sale .because of cost of acquisition is less than the sale amount of vehicle
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On 09 August 2019 at 13:15
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17264 Points Posted on 09 August 2019
Not taxable
101 Reply
On 09 August 2019 at 14:40


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