Is shridhan(old gold) exemted from capital gain tax

149 views
User Avatar

48 Points Posted on 06 September 2021
My wife has gold of marriage and from my mother 30years given to her if she sells, can the long term capital gains exempted from income tax.
0 Reply Share Follow
On 06 September 2021 at 13:17 Report
Replies (2)
Quick Summary
This discussion clarifies whether gold received as a gift or inheritance, often referred to as 'old gold', is exempt from capital gains tax in the UK. The consensus is that such assets are generally not exempt, and profits from their sale may be subject to long-term capital gains tax.

User Avatar

SEO Sai Gr. Hosp.
212489 Points Posted on 06 September 2021

No. Not exempted from capital gain tax.

Reply
On 06 September 2021 at 14:28
User Avatar

48 Points Posted on 06 September 2021
OK, thanks
Reply
On 06 September 2021 at 14:48

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. TDS on salary paid in cash
  2. YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
  3. Last Date To Fill ITR For Non-Audit Case
  4. Guidance Required on Filing Fresh Registration und
  5. IT Return Refund Status AY 2026-27
  6. Clarification Regarding Income Tax Demand Notice
  7. Online PAN Download: Check How?
  8. Demand of Late fee/Interest under section 75 of GS
  9. DSC registration on TRACES portal
  10. Can we get registered for MCA if we get a Virtual

More recent discussions | Post

Related Topics :

Loading