Gold & Taxation by Meenakshi Subramaniam – 2nd Edition 2023

Description

The one-of-a-kind book on Gold & Taxes is the first book in this domain, written in simple & lucid language, with plenty of examples, case studies & tables.

Any person being a buyer, seller, or investor would not like to face a heavy tax burden while fondly handling the shining, yellow gold. This book will be helpful for all tax practitioners, advocates, trade associations, jewellers, investors, and the common man & woman.

This book provides complete guidance on how to save taxes on gold, and the law stated in this book is amended up to 15^th April 2023. Key features of this book are as follows:

• [New Additions] include the following:
  • New Cases
  • Updated Tables
  • Amended Laws are written in an easy-to-understand format
• [Complete Coverage] of all aspects of Gold & Taxation
• [Relevant GST Principles] such as composition scheme, Input tax credit, have also been incorporated in the discussions
• [Examples, Cases and Tables] are included for easy understanding
• [Tips to Save Taxes] at the end of various chapters have also been incorporated
• The contents of this book are as follows:
  • How much Gold can you Hold?
  • Search, Seizure & Income Tax
  • Digital Search
  • Gold Monetisation Scheme
  • Sovereign Gold Bonds
  • Undisclosed & Unexplained Gold
  • Gold ETF
  • Gold Coins
  • Capital Gains Tax
  • Valuation of Gold
  • Traders & Gold
  • Inheriting Gold
  • Gold & Silver Utensils
  • Stridhan
  • Gold & GST
  • GST & Gold Traders
  • Appendices
    • Historical Gold & Silver Rates
    • Cost Inflation Index for Gold, sold after 1-4-2017, notified by CBDT on 14-6-2022 for the financial year 2001-02 and subsequent years
    • GST Tariff
    • GST Forms for gold traders
    • Specialised GST Forms for gold traders
    • GST form automatically generated after filing form