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Regarding Long term capital Gains on Sale of Gold

This query is : Resolved 

17 June 2024 If I had old gold without any invoice gifted to me long back by my relatives and I sold it for a sale value of 6 lakhs would it be eligible for taxation as LTCG? Secondly how does such a sale show up on a 26AS form or any other income tax form?

17 June 2024 Yes, it will attract LTCG.

It will reflect in your bank statement, but not in form 26AS.



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