Wealth tax

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prathamesh (Querist)
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03 February 2015 kindly tell me calculation of motor vehicle under wealth tax act for f.y 2011-12,12-13,13-14

CS,CA F,Numrologi TusharSampat (Expert)
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03 February 2015 if it is not use for business then it will be included in the definition of asset.

prathamesh (Querist)
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03 February 2015 thanks sir if it is asset then how i calculate value of motor vehicle

prathamesh (Querist)
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03 February 2015 sir can you tell me section of wealth tax in which i can find deduction on the vehicle to reduce my wealth tax

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