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No tax on jewellery/gold purchased out of disclosed income: Finance Ministry – Times of India

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Times of India
No tax on jewellery/gold purchased out of disclosed income: Finance Ministry
Times of India
NEW DELHI: The finance ministry on Thursday said that the Amended I-T Act will not apply to tax jewellery/ gold+ purchased out of disclosed income or exempted income or reasonable household savings. The Amended I-T Act will also not apply to tax …
No new provision in proposed IT law to charge tax on jewellery from disclosed income: GovtThe Indian Express
Ancestral jewellery and gold not chargeable to tax under amended IT law: Finance MinistryFinancial Express
Amended IT law not to tax ancestral jewellery, goldHindu Business Line

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