Wealth tax Amendment 2012-13

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..... Wealth tax Amendment 2012-13
News and Press Release
Dated:- 16-3-2012

Section 2 of the Wealth-tax Act, 1957 clause (ea), in sub-clause (i), in item (1) Residential house - A resident .....

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..... ial house is not asset, if it is meant exclusively for residential purposes of employee who is in whole-time employment and the gross annual salary of such employee, officer or director is less than R .....

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..... s. 10,00,000 previously it was Rs.5,00,000.
News - Press release - PIB .....

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