Sale of gold ornaments without the knowledge of purchase
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 February 2012
PLEASE ANY ONE TELL IF A PERSON SOD HIS GOLD ORNAMENTS 2010-11 BUT HE NOT KNOW ABOUT THE PURCHASE VALUE. HOW CAN WE CALCULATE THE CAPITAL GAIN
01 February 2012
The gold rates are avialable in the Income tax ready reckoners of N V Mehta. Should the year of purchase be known, you could adopt those rates which are fair.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
04 February 2012
thanks dear for your valuable comments
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