Limit on having grams of gold pphysically?
This query is : Resolved
25 February 2014
Is there any upper limit set under income tax or wealth tax act on maximum how much grams of gold can a man or woman hold physically as jewellery or coins?
25 February 2014
Jewellery mentioned in wealth tax return
Gold up to 500 Gm per married woman, 250Gm per unmarried woman and 100Gm per male member of the family.
Jewelley as per the status of the family if so appear to investigating officer
Gold up to 500 Gm per married woman, 250Gm per unmarried woman and 100Gm per male member of the family.
Jewelley as per the status of the family if so appear to investigating officer
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