Applicability of wealth tax for units located in SEZ

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....pplicability of wealth tax for units located in SEZ<br> Query (Issue) Started By: - velayutham panchatcharam Dated:- 12-9-2009 Last Reply Date:- 12-9-2009 Income Tax<br>Got 1 Reply<br>Income Tax<br>Pl....

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....ease clarify with rule or section whether wealth tax is applicable for units located in SEZ Reply By Rama Krishana: The Reply: The assets which are in the nature of stock in trade or premises which ....

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....are used for the purpose of business are excluded from the scope of asset u/s 2(ea) of wealth tax act, 1957. Moreover, the provisions of SEZ act also salient on this issue. Means thereby that wealth t....

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....ax is applicable on every assessee whether situated in SEZ or not.<br> Discussion Forum - Knowledge Sharing ....