part 1 of question
Sir if *X* gets a gift of 100 gram gold on 2nd September 2022 on the occasion of his marriage from his friends and relatives then at what price X will be liable to pay tax on price of gold (100 gram)
a) on 1st September2022 ₹4.8 lakhs,
b) on 1st April 2022 ₹5.5 lakhs,
c) on 31st March 2023 ₹ 5 lakhs, or
d) on 2nd September 2022 ₹4.7 lakhs.
Part 2 of question
If you are somehow able to know average purchase price of that 100 gram gold is ₹4.6 lakhs then what will be your answer.
He does not have to pay tax on it because he had get it on occasion of his marriage