personal effects under capital gain
karan vij (64 Points)
02 October 2017
will there be a tax if personal effects like Jewellery is transferred
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 02 October 2017
Capital gains tax is levied over precious jewellaries........ though used as personal effect.....
Ashwin Kumar
(1234 Points)
Replied 02 October 2017
yes jwelleries are also considered as capital assets
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