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Taxability

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(Querist)
05 May 2017 My client had purchased 2000 us dollars at rs 46 in 2008 and sold in 206 for rs 67 whether difference is tazable under cap gain or ifos????
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CA Shubhanshu Jain

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CA Shubhanshu Jain (Expert)
06 May 2017 The same will be taxable under income from other sources because currency does not comes under purview of capital asset

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