Capital Asset
kumar sudhakar (ARTICLE ASSISTANT) (31 Points)
16 February 2018
Weather FDR is covered under the definition of Capital Asset.
2 Replies
Divakar agarwal
(Student)
(247 Points)
Replied 17 February 2018
no u can't term Fixed deposit as Capital assets as per definition of Capital assets u/s 2(14) of income tax act, 1961
kumar sudhakar
(ARTICLE ASSISTANT)
(31 Points)
Replied 17 February 2018
Under which exception it is covered.??? Personal Effects???
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