Wealth tax

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..... Wealth tax
Query (Issue) Started By: - KAMAL PODDAR Dated:- 19-2-2011 Last Reply Date:- 19-2-2011 Income Tax
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Income Tax
I have a capital of 31 lacs. I have given 25 lacs on .....

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..... 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 much. Reply By GOPALJI AGRAWAL: The Reply: You are not .....

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..... liable to pay wealth tax as only specified assets (not accruing income) are treated as assets under wealth tax act.
Discussion Forum - Knowledge Sharing .....

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