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Where Mototcar is taxable ?

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(Querist)
04 September 2009 Let suppose, I have Motorcar held for personal purpose from last 3 years.When I sell the motor car,where it will be taxable ?
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Late CA Sampat Jain

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Late CA Sampat Jain (Expert)
04 September 2009 profit on sale of car for personal use is not taxable
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CA CHINTAN AJMERA

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CA CHINTAN AJMERA (Expert)
04 September 2009 Agree with expert
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