Just a moment...

Report
FeedbackReport
Bars
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
+ Post a Query
Post a New Query
Title :
0/200 char
Description :
Max 0 char
Category :
Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Discussion Forum

Back

All Issues

Advanced Search
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
OR
Search by Issue ID:
NOTE: If you have inputs in both the fields, then results will be shown for issueId first.
Issue ID : 2809
- 0 -

Wealth tax

Date 19 Feb 2011
Replies1 Answers
Views 1220 Views
Asked By
I have a capital of 31 lacs. I have given 25 lacs on 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.
1 answers
Sort by

Old Query - New Comments are closed.

Hide
- 0
Replied on Feb 19, 2011
1.

You are not liable to pay wealth tax as only specified assets (not accruing income) are treated as assets under wealth tax act.

Old Query - New Comments are closed.

Hide
Recent Issues