Menu
capital gain transfer
whether exchange of one asset with another personal effect(car)ammlounts to transfer or not
Replies (2)
no CG as car is not fall under the definition of CA u/s 2(14)
Exchange amounts to transfer u/s 2(47)
Exchange of asset with personal effect is not a "transaction not regarded as transfer" u/s 47
so The exchange is taxable subject to what u,ve transferred.
Exchange of asset with personal effect is not a "transaction not regarded as transfer" u/s 47
so The exchange is taxable subject to what u,ve transferred.
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
