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https://taxguru.in/income-tax/applicability-wealth-tax-making-charges-jewellery.html
CA Vidhan Surana & CA Sunil Maloo. Whether wealth tax leviable on the making charges of the jewellery? – A Detailed Analysis. Under the scheme of Wealth Tax in India, Wealth tax is levied on the net wealth of the every individual, Hindu undivided family and company as on the valuation date.
https://www.lawyersclubindia.com/experts/valuation-of-jewellary-under-wealth-tax-47681.asp
Nov 13, 2009 · Wealth tax will be charged @ 1% on the net wealth including jewellery in excess of Rs.15 lakhs on the valuation date (31st March of the Previous Year).
https://www.goodreturns.in/classroom/2016/08/how-is-wealth-tax-capital-gains-tax-payable-on-gold-480084.html
If you have paintings, cars and gold jewellery exceeding Rs 30 lakhs, you have to pay wealth tax. So, let us assume that you have 1 KG of gold.
https://www.paisabazaar.com/tax/wealth-tax/
Sep 09, 2019 · Wealth Tax is a type of direct tax applied to the personal assets of an individual as per the Wealth Tax Act, 1957. The intention of imposing the wealth tax is to bring parity among rich and less affluent taxpayers. Currently there is no wealth tax in India after it was abolished in the Union Budget 2015 which came into effect in FY 2015-16.
https://www.caclubindia.com/experts/wealth-tax-jewellery-valuation--1810644.asp
Jul 30, 2014 · Wealth tax - jewellery valuation This query is : Resolved Report ... 30 July 2014 u can refer to schedules to wealth tax act,1957 dealing with the valuation of assets. Querist : Anonymous Querist : Anonymous (Querist) 30 July 2014 I have gone through the rule 18 of the schedule III in which there is reference of circular no. 646 dated March 15 ...
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