FRIENDS,
CAN U HELP ME IN PROVIDING A SOLUTION FOR MY DOUBT...
MY DOUBT IS THAT IF A PERSON SELLS GOLD JEWELLAR IS IT TAXABLE UNDER CAPITAL GAINS OR UNDER ANY OTEHR HEAD..
WHAT IS THE RATE OF TAX, AND THE SECTION WHICH EXPLAINS THAT POINT..
KINDLY EREPLY ME AS IT WOULD ME HELPFUL FOR ME TO GO AHEAD..
THANK YOPU FRIENDS.
it is taxable u/h capitalgains as per sec 45.
Hi friends,
Can any body provide me information whether partnership firm which is doing bussiness of finance is that liable to TDS, Advance Tax how we have deduct to pay. what is the Income Tax rate on Interest received
Pls. help me
sarvan
I would like to understand tax treatment for the sell of gold which i inherit from my ancestors. please provide details on tax treatment.
It is taxable under sec 45 of Capital gains......tax rate will apply as per the LTCG or STCG rules
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