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Wealth tax , Income Tax |
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Wealth tax |
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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.
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You are not liable to pay wealth tax as only specified assets (not accruing income) are treated as assets under wealth tax act. Page: 1 Old Query - New Comments are closed. |
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