TMI BlogApplicability of wealth tax for units located in SEZX X X X Extracts X X X X X X X X Extracts X X X X ..... Please clarify with rule or section whether wealth tax is applicable for units located in SEZ - Reply By Rama Krishana - The Reply = The assets which are in the nature of stock in trade or premises ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... which are used for the purpose of business are excluded from the scope of asset u/s 2(ea) of wealth tax act, 1957 . Moreover, the provisions of SEZ act also salient on this issue. Means thereby tha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t wealth tax is applicable on every assessee whether situated in SEZ or not. - Applicability of wealth tax for units located in SEZ - Query Started By: - velayutham panchatcharam Dated:- 12-9-2009 I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncome Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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