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Wealth tax retrun

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 January 2014 (Male )Person having gold ornaments which are traditionally used by female but investments of that ornaments was made by male person. Can we show in his wealth tax returns.
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@VaibhavJ

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@VaibhavJ (Expert)
11 January 2014 HI

Yes, jewelry is taxable wealth & you have to include the same in the WT liability who purchased it.

Thanks

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