Jewellery hold limit
This query is : Resolved
Quick Summary
Kollipara Sundaraiah
(Querist)
06 July 2020
Any I.t. Assess(male and female) jewellery (gold and silver)hold limit present under I.t. act.
Rahul varshney
(Expert)
07 July 2020
CBDT has clarified the prescribed quantity of gold considered allowable. Gold within this limit will not be seized even at the time of search at the assessee’s premises.
A married woman can have up to 500g of gold.
An unmarried woman can have up to 250g of gold.
A man can have up to 100g of gold.
A married woman can have up to 500g of gold.
An unmarried woman can have up to 250g of gold.
A man can have up to 100g of gold.
08 July 2020
Hello Rahul,
can you please share the source of this information?
can you please share the source of this information?
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