Hi all,
Can a art work be considered as an Investment?
If yes, whats the use of stating it under investments because it neither rentals nor Dividends/Interest.
If its still justifiable then pls let me know what kind art works can be considered investments?
Like a Painting or things used by great people like gandhi or nehru. and anything else.
Also to qualify as an investment does it have to atleast give me back my initial investment?
i.e can investment be of gambling nature?
like it may or may not give returns or my investment?
Thanks in advance.
CAclubindia
