Puchase of E-Gold or silver in Demat form Will it be included under movable properties in wealth tax or is it not an asset u/s 2ea ???
CA PARAS BAFNA
(Practising CA )
(33423 Points)
Replied 01 June 2011
In case it is held for trading purpose, it will not be an asset.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 01 June 2011
IF HELD FOR TRADING PURPOSE THAN NO OTHERVISE YES
Prasad
(Sr. Manager)
(617 Points)
Replied 01 June 2011
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
