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https://www.starcojewellers.com.au/v-jewelry/valuation-of-diamond-jewellery-for-wealth-tax.html
Jun 11, 2020 · (i) In the case of a wealth-tax assessee, gold jewellery and ornaments found in excess of the gross weight declared in the wealth-tax return only need to be seized. (ii) In the case of a person not assessed to wealth-tax gold jewellery and ornaments to the extent of 500 gms. per married lady, 250 gms per unmarried lady and 100 ...
https://www.lawyersclubindia.com/experts/valuation-of-jewellary-under-wealth-tax-47681.asp
Nov 13, 2009 · 15 November 2009 Valuation of Jewellery as on 31st March of the relevant year for which wealth tax is being paid. It is not mandatory to have any valuation report from registered valuer. However, it is preferable to get the Jewellery valued once and then you can yourself value the same by replacing the value of bullion and diamonds as applicable on the valuation date.
https://www.starcojewellers.com.au/v-jewelry/valuation-of-jewellery-under-wealth-tax-act.html
Oct 15, 2019 · Valuation of Jewellery Under erstwhile Wealth Tax Act Provisions Rules 18 and 19 which provide the manner in which valuation of jewellery is to be determined. 1. The value of the jewellery shall be estimated to be the price which it would fetch if sold in the open market on the valuation …
https://www.starcojewellers.com.au/v-jewelry/valuation-of-jewellery-under-wealth-tax-act-1957.html
Nov 13, 2009 · 13 November 2009 The value of the jewellery shall be estimated to be the price it would fetch if sold in open market on the valuation date, further the return of net wealth as furnished by assessee must be supported by: i) A statement in the prescribed form (MOSA) where the value of the jewellery on the valuation dates does not ...
https://www.starcojewellers.com.au/w-jewelry/wealth-tax-valuation-rules-for-jewellery.html
Nov 13, 2009 · Where the valuation of jewellery has been determined by valuation officer for any assessment year, then such valuation shall be adopted for susequent 4 assessment years subject to the following adjustments:(a) if jewellery include gold or silver then the market valude of gold, silver etc as on valuation date shall be substituted ...
https://www.starcojewellers.com.au/v-jewelry/valuation-of-jewellery-as-per-wealth-tax-act.html
Oct 15, 2019 · Valuation of Jewellery Under erstwhile Wealth Tax Act Provisions Rules 18 and 19 which provide the manner in which valuation of jewellery is to be determined. 1. The value of the jewellery shall be estimated to be the price which it would fetch if sold in the open market on the valuation …
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