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Unaccounted jewellery

Income Tax Raid? Your gold worth 500 grams per lady, 250 grams for unmarried lady and 100 grams per man is safe

Income Tax Raid? Your gold worth 500 grams per lady, 250 grams for unmarried lady and 100 grams per man is safe

Fri, Dec 02, 2016

In a statement, Meenakshi J Goswami, I-T Commissioner and Spokesperson of the Central Board of Direct Taxes (CBDT), clarified that jewellery bought from disclosed income will not be taxed under existing or proposed amended provisions.

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