1
Is income from selling currency notes taxable in India?
2
Is it business income or capital gain when you sell a note?
3
What if you don't have purchase invoices for your collection?
4
How to calculate profit when selling a currency note?
5
Do you need GST registration to sell currency notes?
6
When exactly does GST apply — and when does it not — in numismatics?
7
How should professional dealers maintain financial records?
8
What is the holding period for short-term vs long-term capital gain on notes?
9
Is a numismatic collection considered a 'capital asset' under the Income Tax Act?
10
What is indexation benefit and can collectors use it?
11
Can you show numismatic losses to offset other income?
12
What happens if you receive notes as a gift — is that taxable?
13
Does receiving cash payment for a note sale create any IT compliance issue?
14
Can a numismatic collection be shown as business inventory?
15
Can a GST-registered numismatic dealer claim Input Tax Credit on currency notes purchased for resale — and what conditions must be met?
16
What invoicing format must a numismatic dealer use to issue a legally valid GST invoice for the sale of a currency note or coin?
17
Can a company legally gift a rare currency note to an employee or client — and does it create GST, TDS, or income tax obligations for the company?
18
If a numismatic note is given as a corporate gift and later sold by the recipient, how is the cost of acquisition calculated for capital gains purposes?
19
What happens if the Income Tax Department issues a notice reclassifying your numismatic hobby income as business income for past years — and what are your rights?
20
Can you challenge an IT assessment that retrospectively treats your collection sales as dealer income — what evidence is strongest in your defence?