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 ... Summary
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.
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