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Gold Monetization Scheme

This query is : Resolved 

13 May 2023 I have 250 grams of inherited gold jewellery which I wish to deposit in the Gold Monetization Scheme at an authorized Bank. I do not have bills for the jewellery I wish to deposit. At the time of creating the deposit, will the gold attract any Capital gains tax?

13 May 2023 No. It is not transfer as per IT act.



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