wealth tax i
This query is : Resolved
27 June 2013
SELF OCCUPIED RESIDENTIAL FLAT IN MUMBAI BESIDE THIS TWO MORE RESIDENTIAL FLATS AT DIFFERENT CITIES AND GIVEN ON RENTAL BASIS UNDER WEALTH TAX WHETHER ALL THREE FLATS ARE EXEMPETED OR ANY ONE FLAT IS ONLY EXEMPETED FROM WEALTH TAX PL CLARIFY
27 June 2013
ONE FLAT IS EXEMPT. OTHERS ARE ALSO EXEMPT PROVIDED THESE WERE LET OUT FOR AT LEAST 300 DAYS DURING THE PREVIOUS YEAR. SO IN YOUR CASE ALL THE RESIDENTIAL FLATS WILL BE EXEMPT.
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