01.How to show in ITR:
Selling jewellery and buying Sovereign Gold Bond.
02. Is Selling Jewellery taxable?
if yes:
a. How much?
b. Any benifit LTCG/Indexation.
1. Under Tab 'CG'
2. Yes, depending upon period of holding LT or ST cap gain liability..........
If long term (more than 3 years) indexation benefit available........
Yes, for long term capital gain tax rate is 20.6% (with Cess)
Shyam Joshi & Associates
Pune
B.Com
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Shaswat initial support private limited
Ahmedabad
CS
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Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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CAclubindia
