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Deposit of gold jewellery in locker

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(Querist)
13 December 2017 MY UNCLE IS A GOVT. EMPLOYEE AND HE HAS TO DEPOSIT JEWELLERY AMOUNTING TO Rs. 3 LAKH IN A LOCKER OPENED IN THE BANK IS THERE ANY RISK IN DEPOSITING THE SAME???
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
14 December 2017 No risk in depositing jewellery for such amount.

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