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Rate of gold and silver

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 August 2011 What is the rate of gold and silver as on 31.03.2011 for wealth tax purpose
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
11 August 2011 Gold Rates Rs 20970/10 gm
Silver Rates 56900/ per Kg.
As on 31.3.2011

.
You may consider these rates and value according to the purity of the jewellery article. There may be slight variation however it will not create material difference in the overall tax liability.
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