Sale of club membership
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 May 2016
Dear Sir,
how I disclose capital gain on sale of club membership in income tax return
how I disclose capital gain on sale of club membership in income tax return
12 May 2016
When you have purchased the club membership by payment of deposit money you must have shown as appearing on assets side. If it is above 3 years and now you are selling it then the difference between the amount received and amount previously paid by you will be the capital gains.
13 May 2016
if you buy the same, then you calculate the gain diff of the sell and cost if old than three years.
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 May 2016
cost indexation require
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