Kindly advise me whether income received from sale of my 10 year old car is taxable, if so, should it be shown as income from other sources are capital gain/loss etc.
Thanks in advance
G R Babu
babugr (dgm) (508 Points)
27 February 2024Kindly advise me whether income received from sale of my 10 year old car is taxable, if so, should it be shown as income from other sources are capital gain/loss etc.
Thanks in advance
G R Babu
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 27 February 2024
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 27 February 2024
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