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Capital Gain Tax on Exchange of Gold
please somebody provide how the capital gain tax will be levied on exchange of gold asper Income Tax Act
Replies (2)
Sale of personal assets are not taxable but if it is gold bonds or future option of gold then the gain will be taxable
I understand that you mean to say selling of old ornaments and buying new ornaments (exchange this way) - is this what you are asking for ? Pl revert
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