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.
Ashish Saini (Self Employed at Ashish Saini & Associat) (180 Points)
21 April 2011If 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.
Chandan kumar
(B.Com. (H) & CA FINAL and intrested to )
(263 Points)
Replied 21 April 2011
Income from other sources after deducting oction expenses
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