It assessee sale amount received from any personal assets(motar cycle, jewellery, furniture , etc) amount credited by capital account.
Question:
Assessee sale amount from personal assets taxable or exempted in it act.
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SALE AMOUNT FROM PERSONAL ASSETS TAXABLE OR EXEMPTED IN IT ACT
Replies (1)
Not taxable in case of personal effects and furnitures but taxable in case of jewellery
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