Mirror Now
@mirrornow·2.2M subscribers·145K videos
Can we liquidate gold jewellary to buy an apartment?- Property Hotline
Posted
September 29, 2016
Views
103
Likes
1
Engagement
0.97%
September 29, 2016
103
1
0.97%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
1:48Now PlayingExpert: Pannkaj Ghadiali, Managing Partner at PC Ghadiali & Company LLP.
Question: Can I liquidate my gold jewellery and use the proceeds to buy an apartment? Will this save me from capital gains tax since I want to put in all the proceeds as down payment?
Answer: You can avail tax benefits but only if you will use the entire sale consideration to buy a property. Just make sure that you have owned the jewellery for over 36 months i.e. 3 years.
Be Un Confused
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
