TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Compensation Rights for Abolished Zamindari Estates Must Be Included in Net Wealth for Tax Assessment.</h1> Instructions have been issued regarding the valuation of the right to receive compensation upon the abolition of Zamindari estates, confirming it as an asset includible in the net wealth of the entitled individual. This principle extends beyond Zamindari estates to all land acquisitions by the State. Authorities are instructed to liaise with State officials to identify such cases and ensure the value of compensation rights is included in the individual's net wealth. If the individual is not already assessed for Wealth-tax, authorities must determine their assessability. Arrangements for regularly collecting information from State authorities should be reported to the Board.
TaxTMI 
TaxTMI 
