Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 January 2012
I received some gold / jewellery on my marriage (in year 1990)from my parents . I also received some jewellery as per will of my father on his death (in year 2011). Now I want to sell the jewellery. whether it is liable to pay capital gain in both the situations.
27 January 2012
Yes, In both cases you are liable to pay tax on capital gain.
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