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https://youthlegal.in/sale-of-jewellery-income-tax-rules-on-gains-explained/
May 01, 2021 · May 01, 2021 · Those over 80 years of age enjoy basic exemption up to Rs. 5 lakh of income. You can claim exemption from payment of long term capital gains tax on jewellery if you invest the net sale proceeds for purchase of a residential house in India …
https://www.idealconsultax.com/post/tax-on-sale-of-inherited-gold-jewelry-in-india
Aug 05, 2020 · A Short Term Capital gain arising on the sale of Gold or Jewelry will be taxed as per normal slab rates as applicable to the taxpayer. Tax on Long Term Asset: A Long Term Capital Gain arising on sale of Gold or Jewelry will be taxed at 20% after taking the benefit of Indexation.Estimated Reading Time: 4 mins
https://www.livemint.com/money/personal-finance/sale-of-jewellery-income-tax-rules-on-gains-explained-11619844384365.html
May 01, 2021 · May 01, 2021 · Sale of jewellery: Income tax rules on gains explained Premium Gold jewellery sale: Long term capital gains however are taxed at flat rate of 20% after applying indexation. (REUTERS) 1 min read .Author: Balwant Jain
https://www.livemint.com/money/personal-finance/how-income-tax-rule-applies-on-capital-gains-after-sale-of-jewelry-11622786336659.html
Jun 04, 2021 · Jun 04, 2021 · Pankaj Mathpal of Optima Managers said that in the case of long term capital gain on jewelry sale, one will be able to get indexation benefit and the payable tax will be 20.8 per cent (20 per cent...
https://www.incometaxindia.gov.in/Acts/Wealth-Tax%20Act,%201957/102120000000026474.htm
where any jewellery or part of jewellery is sold or otherwise disposed of by the assessee, or any jewellery or part of jewellery is acquired by him, on or before the valuation date relevant to the concerned subsequent year, the value of the jewellery determined for the first assessment year shall be reduced or increased, as the case may be, and the value as so reduced or increased shall be the value of the jewellery …
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