Tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 April 2013 Is car a capital asset u/s 2(14)?

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Guest (Expert)
04 April 2013 Only car used for personal purposes is not a capital asset.

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 April 2013 so capital gains on sale of car of personal use is not chargeable to tax,right?




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