Easy Office
Easy Office

capital gain

This query is : Open 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 March 2011 A 70 years lady sold her jewellery in FY 2009-10 for10,00,000/-, which was acquired / recieved by her at the time of marriage in the year 1955. Whether she is liable to pay capital gain.
Profile Image

CA Navin Jain

Profile Image

CA Navin Jain (Expert)
29 March 2011 USE THE FAIR MARKET VALUE OF 1981 AND THEN INDEXED IT AS PER INCOME TAX ACT.
Profile Image

CA Navin Jain

Profile Image

CA Navin Jain (Expert)
29 March 2011 USE THE FAIR MARKET VALUE OF 1981 AND THEN INDEXED IT AS PER INCOME TAX ACT.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links