Hello everyone
My father is running gold jewellery properiotership firm . Can i lease gold in his firm and get interest on deposited gold .is it allowed in income tax act to deposit gold metal instead of cash and take interest.
Thanks in advance
Bhartesh jain (Businesd) (25 Points)
15 June 2025Hello everyone
My father is running gold jewellery properiotership firm . Can i lease gold in his firm and get interest on deposited gold .is it allowed in income tax act to deposit gold metal instead of cash and take interest.
Thanks in advance
Bhartesh jain
(Businesd)
(25 Points)
Replied 15 June 2025
Sorry i am new to this forum and couldnot save the modified post so i have started a new discussion and awaiting for the precious advice
Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)