IT Raid: How Much Gold is Safe? Know CBDT Limits to Avoid Seizure

• CBDT Instruction No. 1916 (1994) specifies limits for gold jewelry exempt from seizure during IT raids.
• Married women can hold up to 500 grams, unmarried women 250 grams, and male members 100 grams of gold jewelry without explanation.
• These limits apply only to gold jewelry (necklaces, rings, bangles), not gold coins, bars, or other forms.
• The exemption acknowledges Indian traditions like 'Stridhan' and gifts received on auspicious occasions.
• Gold exceeding these limits or without a declared source (income, inheritance, gifts) can be seized under Section 132 of the Income Tax Act.

Why It Matters: Understand CBDT gold limits to protect your assets during IT raids and ensure clear source documentation.