Government Spokesperson Frank Noronha Clarified On IT Law With Respect To Gold Jewellery
No limit on holding of gold jewellery/ornaments by anybody provided : acquired from explained sources of income incl inheritance. Vide circular dated 11.5.1994, instructions have been issued in the matter of search and seizure of gold jewellery. Jewellery/ ornaments upto 500 gms for married lady, 250gms fr unmarried lady & 100gm for male will not […]