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Querist : Anonymous

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Querist : Anonymous (Querist)
18 July 2012 Can Investment in Gold Jewellery be treated as Current Assets or Capital Expense ????
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CA. Sunil Kumar

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CA. Sunil Kumar (Expert)
18 July 2012 Depend upon the intention of the buyer.

if intention to hold for Long term - Non Current Investment

in intention to hold for short term- Current Investment.

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