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Sale of personal car

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(Querist)
20 March 2009 Respected Sir,

Is profit on sale of my personal car (on which no depreciation is claimed) taxable.
If yes, then whether it is taxable as Capital gains or as Income from other sources.

Thank You & Regards.
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CA LOKESH KASAT, FCA, M.Com

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CA LOKESH KASAT, FCA, M.Com (Expert)
20 March 2009 taxable as other source.

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