Taxability on sale of personnal car

mayank rathore (student) (50 Points)

27 June 2014  

dear all

i have my car sold ,of rs 75000, which was purchased for rs 385000 on  f.y 2007-08,, that is solely used for personal purpose , i know that it will not be taxable under head capital gain,as it is used for personal purpose

i want to know wehather this will attract taxbility in any other head,what will be calulation like,,I.e wehather can be claimed in this or not???

thanks in advance