Capital gains querry

abhijeet (student) (59 Points)

10 May 2010  

Sachin is Selling its Bat Sighned by Him For RS 5 Cr.

What will be tax implication here?

Also if instead of bat he his T-shirt is being sold???

1. personal t-shirt

2. team t- shirt

plz support answer with relevant provision or case laws

 

thanks in advance

regards

abhi