Category Income Tax

Gold /jewellery holding Limit as per Income Tax Act

Reblogged from: Instruction : No. 1916, dated 11-5-1994 Guidelines for seizure of jewellery and ornaments in course of search  Instances of seizure of jewellery of small quantity in course of operations under section 132 have come to the notice of the Board. The question of a common approach to situations where search parties come […]