Sale of antique watch

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4 Points Posted on 22 March 2019

If i sell an antique watch for Rs 10 lakhs, is it taxable and if so the rate of tax

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On 22 March 2019 at 18:36 Report
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Team Lead
7558 Points Posted on 22 March 2019
no personal assets are not taxable
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On 22 March 2019 at 18:55
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INCOME TAX OFFICER
1736 Points Posted on 22 March 2019
in my opinion antique materials falls under the category of capital asset and will be charged to tax on sale
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On 22 March 2019 at 19:02

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