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Valuation of jewellery

(Querist) 28 October 2015 This query is : Resolved 
My father is Govt.Appinted valuer of Jewellery. Now in this budget wealth-tax was abolished.
So, what about jewellery valuation?
No one will create a report of jewellery as well as the black money will increase more.

Eg. I have 1 crore Rs & i purchased or made jewellery from the same money how govt will idntify??
Report Abuse
R.K Nanda (Expert) 28 October 2015
consult tax lawyer.
Rajendra K Goyal (Expert) 29 October 2015
Policy framing / decision are not taken at this forum. State problem if any.

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