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Capital gain tax on sale of jewellery

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(Querist)
03 December 2010 is sale of gold jewellery received on marrige attracts capital gain tax.
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CA Apurav Agawal

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CA Apurav Agawal (Expert)
03 December 2010 Although technically speaking yes.

But you can obviously show this as an item of personal effect and avoid capital gains tax.

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