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Tax Implication


Ashish Saini (Self Employed at Ashish Saini & Associates)     21 April 2011

Ashish Saini
Self Employed at Ashish Saini & Associates 
 3 likes  172 points

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If a Batsman sells its bat to the general public at oction then under which head the income arise from it will be taxed when   he got his bat as a free gift.

avater

Chandan kumar (B.Com. (H) & CA FINAL and intrested to learn new thing)     21 April 2011

Chandan kumar
B.Com. (H) & CA FINAL and intrested to learn new thing 
 25 likes  263 points

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Income from other sources after deducting oction expenses


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