Jewellery inherited after mothers death
No need for reporting in ITR of such inheritance when your yearly earning is less than 50 lacs.
If you have inherited gold, you can show a copy of the original invoices or a copy of the gift deed, settlement deed or will. If there is no documentary evidence, tax authorities can consider the family customs, social status and so on for determining the source of gold.
It's only help in case of any enquiry.
Prepare it in dated stamp paper of Rs 10.
Yes, you can notorise it.
Click here to login now
Similar Resolved Queries
- Sales of goods of amount Rs77 lakhs to a party
- ITR-3 - How to show loss in 65(i) - (iii) under under Part A - P & L section and sub section 65?
- Filling ITR for FY 2024-25
- Query related to CA/CS/CMA Firm
- Automatic MIS from Tally ERP
- Value of Perquisite Tax Borne by Employer
- Schedule Dpm under 44ada no account casr
- TAX AAPLICABLE TO SUPPLY OF FRESH FRUIT JIUCE
- Taxability and TDS treatment on Crypto futures
- Rejection of application U/s.119(2)(b) by PCIT
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
