Jewellery sales two times capital gains tax applicable
Kollipara Sundaraiah (B.com) (2963 Points)
24 November 2021question:
assessee sales of jewellery two times value on capital gains tax applicable in it act.
Kollipara Sundaraiah (B.com) (2963 Points)
24 November 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171242 Points)
Replied 25 November 2021
Capital gains will be assessed on total sale value Rs. 3 lakhs, only once in the financial year.
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