Purchase of Gold Ornaments
Tukaram Gaikwad (63 Points)
14 February 2022
Can we claim of purchase of Gold Ornaments for Income tax exemption, in which Section.
4 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178226 Points)
Replied 14 February 2022
No. No such exemption applicable for gold ornament's investment in IT act....
prasad Nilugal
( GST Practitioner & Accounts )
(14805 Points)
Replied 14 February 2022
Yes, agree with Rambhia Sir reply , No exemption for gold purchase .
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