Return of net wealth form requires PAN, valuation date, asset disclosures, tax computation and sworn verification with penalties. Form BA requires PAN, valuation date and assessment year and directs disclosure of aggregate immovable and movable property, includible net wealth of other persons, and the assessee's interest in firm/AOP assets with debts attributed to assets; it prescribes computation of net wealth, tax and interest, reporting of prepaid tax with challans, and statement of balance payable or refund.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Return of net wealth form requires PAN, valuation date, asset disclosures, tax computation and sworn verification with penalties.
Form BA requires PAN, valuation date and assessment year and directs disclosure of aggregate immovable and movable property, includible net wealth of other persons, and the assessee's interest in firm/AOP assets with debts attributed to assets; it prescribes computation of net wealth, tax and interest, reporting of prepaid tax with challans, and statement of balance payable or refund.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.