https://www.taxtmi.com/manuals?id=3165 Conversion of gold into an Electronic Gold Receipt issued by a Vault Manager, and conversion of an Electronic Gold Receipt into gold, is treated as a transaction not regarded as transfer for capital gains purposes. The Electronic Gold Receipt takes the cost of the underlying gold in the hands of the person in whose name the receipt is issued, and gold released against the receipt takes the cost of the Electronic Gold Receipt in that person's hands. en-us Tue, 19 Sep 2023 18:56:00 +0530 Mon, 15 Jun 2026 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3165 Conversion of gold into an Electronic Gold Receipt issued by a Vault Manager, and conversion of an Electronic Gold Receipt into gold, is treated as a transaction not regarded as transfer for capital gains purposes. The Electronic Gold Receipt takes the cost of the underlying gold in the hands of the person in whose name the receipt is issued, and gold released against the receipt takes the cost of the Electronic Gold Receipt in that person's hands. Manuals Income Tax Tue, 19 Sep 2023 18:56:00 +0530 https://www.taxtmi.com/manuals?id=3165