Read all Latest Updates on and about Gold

Top

Begin typing your search above and press return to search.

Home
»
Gold

No TDS on Wastage of Gold during Jewellery Creation as 'Making Charges': ITAT deletes Disallowance [Read Order]

Taxscan Team

The Income Tax Appellate Tribunal (ITAT), Chennai Bench has recently held in favour of the assessee engaged in manufacture of gold and silver...

Investment on Gold Proved with Bills and Vouchers: ITAT deletes Income Tax Addition [Read Order]

Action of Department on Disposal of Gold through SBI Bullion during the pendency of appeal violates...

Income Tax on Gold Holding: All You Need to Know

CBIC Notifies Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver [Read...

DRI seizes 23.23 kg Gold valued at Rs 11.65 cr being Smuggled through North-East Borders, 4 held

The recent gold seizures in the North East by Directorate of Revenue Intelligence (DRI) indicate a spurt in smuggling of gold through NE borders of Bangladesh and Myanmar. While the porous borders...

How Do the U.S. Presidential Elections Impact Gold Prices

The U.S. Mid-term elections are just around the corner. In November, congressional seats will be up for grabs, which will help determine if the democrats remain in power or if the republicans re-take...

U.S - Presidential Elections - Gold Prices - taxscan

CBIC clarifies Issues on Disposal of Gold [Read Order]

The Central Board of Indirect taxes and Customs (CBIC) issued a circular last week clarifying the issues relating to the disposal of gold. Firstly, the issue raised was in respect of the...

E-Way Bill Available for Gold on Portal: NIC

The National Informatics Centre has informed that the e-way bill is available for gold on the portal. As per the Government recommendation, E-Way Bill generation has been provisioned for movement...

'Mother-in-Law' includable as 'Family Members': ITAT deletes Addition on Excess Gold [Read Order]

The Visakhapatnam bench of the Income Tax Appellate Tribunal (ITAT) while deleting an addition, held that the mother-in-law of the assessee can be treated as a “family member” and therefore, the...

No Concealment / Smuggling of Gold: Madras HC allows the Release of Gold seized from NRI for Non-declaration on Payment of Fine [Read Order]

The Madras High Court has recently allowed a Non-Resident Indian to release the gold seized by the customs department for non-declaration holding that the same can be released as per section 125 of...

Appreciation of Disputed Facts on Transport of Gold with intention to Evade Tax to be appreciated by Statutory Authority: Kerala HC [Read Order]

The Kerala High Court has held that the appreciation of disputed facts regarding Transport of gold with intention to evade tax to be appreciated by statutory authority. The Petitioner, Kamalesh...

Prev Page Next Page