Short and Simple Wealth Tax

CA Pallav Singhania , Last updated: 26 December 2013  
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1. CHARGEABILITY (SECTION 3) Wealth tax is charged for every assessment year in respect of net wealth of the corresponding valuation date of every individual, HUF and company, at the rate of 1% on the amount by which the net wealth exceeds Rs. 30,00,000/- (from A Y 2010-11). 2. INAPPL

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CA Pallav Singhania
(IT System Auditor)
Category Taxpayers   Report

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