APPLICABILTY OF WEALTH TAX ON COMMERCIAL LET OUT PROPERTY
This query is : Resolved
28 January 2008
RESPECTED SIR OR MAM ,
CAN WEALTH TAX BE LEVIED ON LET OUT COMMERCIAL PROPERTY IF IT'S NET VALUE INCREASES 15 LACS RS. ?
PLEASE REPLY ME.
CAN WEALTH TAX BE LEVIED ON LET OUT COMMERCIAL PROPERTY IF IT'S NET VALUE INCREASES 15 LACS RS. ?
PLEASE REPLY ME.
28 January 2008
if the premises is let out more than 300
days during the year that property is not taxable under wealth tax u/s 2e(a) whar ever the value is increas
days during the year that property is not taxable under wealth tax u/s 2e(a) whar ever the value is increas
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