1.it assessess Gift from mother gold jewellery value rs:5 lacs Dt:10-5-22.
2.dt:29-09-22 additional gold jewellery purchase value rs:1 lacs
3.dt:01-05-23 gift gold jewellery repairs amount rs:6 lacs paid.
4.dt:19-10-23 gift gold jewellery selling rs:7lacs
question:
assessess additional purchase and repairs pay amount added gift gold jewellery value allowed.
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Additional purchase and repairs amount including purchase value for gold jewellery
Replies (1)
Gift is exempted.
purchase is not an issue.
repair not an issue.
gift Rs.7 lacs is exempted.
purchase is not an issue.
repair not an issue.
gift Rs.7 lacs is exempted.
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