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 ???
4 Replies
CA PARAS BAFNA
(Practising CA )
(33428 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
D mat account, it will be just in line with your other stock holdings
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
