it assessess purchase of gold transaction during the year 22-23
1.purchases of bullion value rs:2 lacs FMV value rs:2,50,000/-
2.purchases of gold jewellery value rs:3 lacs FMV value rs:3,40,000/-
question:
tax treatment purchase of bullion and gold jewellery transaction and sec 56(2) applicable in it act
Tax treatment purchase of bullion and gold jewellery
Replies (1)
Whether the both transaction were from market, with proper invoices?
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