This query is : Resolved
Querist : Anonymous
Querist :Anonymous (Querist)
29 November 2016 Sir, Gold jewellery comes under which head in balance sheet of itr 4 Thanks in Advance
KAVIRAJA ADDANGADI(Expert)
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29 November 2016 You have to consider Gold and jewellery under Fixed Asset at purchase cost.
CA Pallav Singhania(Expert)
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30 November 2016 Jewellery should be shown as investment at cost ( until there is a permanent decline in the cost).
Dhirajlal Rambhia(Expert)
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03 October 2021 For Jewelers, having business of the gold jewelry, it will be under 'Stock in Trade.
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