TMI BlogCapital gains or Income from other sources - transaction of sale of furniture - the personal effects...Capital gains or Income from other sources - transaction of sale of furniture - the personal effects would not be included in the capital asset u/s 2(14)(ii) of the I.T. Act. Therefore, it shall have to be considered under the residuary clause “Income from other sources”. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
