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How can we show the morethan 500grms of gold for individual return
We have morethan 500grms of gold jewellery in house, but we disclosed the 500grms of gold jewellery in the ITR . How can we show the rest of the excess grams gold jewellery in the books and we have to file the return for the AY 2016-17. Please give your valuable suggestions
Replies (2)
Make sure you have declared income to income tax out of which this jewellery was purchased and pass entry in books for bringing jewellery in books.
Thank you very much for quick response
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