TMI BlogWealth taxX X X X Extracts X X X X X X X X Extracts X X X X ..... I have a capital of 31 lacs. I have given 25 lacs on loans. Five lacs investments balance in banks and cash in hand. Do i have to file wealth tax Return and am i liable to wealth tax and if so how muc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h. - Reply By GOPALJI AGRAWAL - The Reply = You are not liable to pay wealth tax as only specified assets (not accruing income) are treated as assets under wealth tax act. - Wealth tax - Query St ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arted By: - KAMAL PODDAR Dated:- 19-2-2011 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entindia - taxmanagement - taxmanagementindia.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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