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
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
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
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