Tag: Jewellery tax

Jewellery acquired out of disclosed-exempted income not taxable under the proposed taxation amendment Bill 2016

Jewellery acquired out of disclosed-exempted income not taxable under the proposed taxation amendment Bill 2016-Govt clears apprehensions Ministry of Finance 01-December, 2016 Government clarifies that the apprehension sought to be created that the jewellery with the household which is acquired-out of disclosed sources or exempted income shall become …