TMI Blogmeaning of wealthX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir As per Wealth TAx act what is the meaning of wealth (including/ excluding in wealth) . Please describe me. - Reply By malhar shenoy - The Reply = Taxable Wealth means value of assets les ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s Liablities / Loan against these wealth.I.e Net Wealth as defined in Section 2(m). Assests liable for wealth tax are given in section 2(ea) of the Wealth Tax Act.namely, 1.Building 2. Motor C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ar 3.Jewellery 4.Yatch, Boat and Aircraft 5 .urban Land 6.Cash in Hand. - meaning of wealth - Query Started By: - nimesh khandelwal Dated:- 10-9-2011 Other Topics - Got 1 Reply - Indian L ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - 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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