Easy Office
LCI Learning

wealth tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 May 2009 is wealth tax applicabletocompany?ifyes,at whatrate and whether surcharge and cess apply?
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
18 May 2009 Wealth tax is applicable to companies also. Rate is 1% on the net wealth exceeding Rs.15 lakhs. There is no surcharge and cess on wealth tax.
Profile Image

CA.Varun Ranjan

Profile Image

CA.Varun Ranjan (Expert)
18 May 2009 yes it would be @ 1 % on net wealth on excess of RS.15 Lakhs

NO SURCHARGE.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links