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CAPITAL GAIN

(Querist) 08 February 2010 This query is : Resolved 
Dear Sir,

I have sold old gold oranaments recieved from my ancestors in this financial year for which I have not incurred any expense and recieved Rs 329000/-. Kindly let me know whether I will have to pay any capital gain tax on it or not. If yes please let me know the calculation as well as amount.

Regards,

YOGESH SHETH
A V Vishal (Expert) 08 February 2010
YOUR QUERY IS ALREADY REPLIED IN THE FORUM.
Raj Kumar Makkad (Expert) 09 February 2010
repeated quarry


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