Capital gains

This query is : Resolved 

01 September 2014 Purchased a pistol for Rs 75000 three years back.Now willing to sell the same.does it attract capital gains & what % kindly help.

01 September 2014 the ans is no as its personal effect and not a capital asset but income is chargeable as income from other sources

02 September 2014 Thank You Mr Tushar Sampat


02 September 2014 You are welcome kapil beri



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