taxation on ETF GOLD

[AMIT JAIN, Advocate]

Sir, 

1- What is income tax laws/ rule regarding ETF Gold ?

2- can husband make a gift (100000/-)  to her wife? 

Amit Jain, Adv

 

Meerut

[DR.MARIAPPAN GOVINDARAJAN]

Whether you have got clarified in the above issue? If not please inform.

AI Summary

Taxation of gold ETFs queried and whether a husband may make a gift to his wife under income tax law.
The document records two income-tax queries: clarification of the income tax rules applicable to gold exchange-traded funds (ETFs), and whether a husband may make a monetary gift to his wife under income tax law; no substantive guidance is provided.