What is wealth tax? when an individual liable to pay wealth tax.if yes then any wealth tax number is required to pay wealth tax.

I have a commercial land owened by me. Since I am in job in PSU and the land is commercial one,i can't build a commercial complex on the said land and undertake any business like letting out of the property on rent. As the land is in the mid of the city and there was possibility of encroachment leading to litigation, I authorised my elder brother with POA to carry out construction of commercial complex as per the plan. Expenses on construction was met by i) my contribution (40%), ii) my elder brother's contribution (40%) and iii) security money received from the proposed tenants (20%). Now the construction work is over and rental income is likely to be received. Since I am away from the place on my transfer and I am not supposed to undertake any business by virtue of service conditions, I want to lease out the above property to a person (on a nominal lease amount),it may be partnership firm or HUF,to whom i will authorise to hold it and to give it to others on rental basis, so that my personal tax liability do not increases and rental income become taxable in the hands of that entity.So to summerise at end i have two queries -
1. whether partnership firm can hold the immovable proprty under regulatios of partnership act?
2. Whether i can do so to avoid my tax liability, means i dont want to sell it but simply want to authorise that person by way of power of attorney?either to my elder brother who is taking care of the property or to a partnership firm which includes my brothers and my wife to get back the expenses in legitimate way.
3. Any other alternative to manage the property / rental income.

sir I am B.com Graduate? looking for Accountant job Plz Help me?

DEAR MEMBERS,
WHAT IS THE DUE DATE OF FILING XBRL RETURN FOR A COMPANY WHICH CONDUCTED ITS AGM ON 24/09/2011.
PLEASE ADVICE AT THE EARLIEST.
THANKS IN ADVANCE..

What a banker looks from CMA Data and on what basis a banker sanction a loans by analysing the CMA Data

Dear All
Pls solve my query:

I am an M.COM(Banking), MBA(Finance) and working for a leading bank as a Manager, having an experience of 7 years.

I wish to appear for CA course, can you suggest me the way ahead.i.e a) Course exemptions available, b) Duration of both article and full course. etc..

Regards..

which other cources are helpful to add value in CA student/

plzzz tell me imp topics in GCL, CACMA & Tax laws. only 1mnth left :(

can anyone help me on knowing impact of recent fall in value of rupee on indian economy .positive and negative both

Dear sir, i have a query regarding a bank loan.

My friend is running a smalll busines n for the purpose of extension of business he requires Rs. 6 Lakhs ( approx)

he is willing to approach a bank for loan.

Then my query is can he obtain a loan from bank for such purpose???

If so, for which type of loan shud he apply for, i mean Personal loan or Business loan ???

and plz mention what are the requirements need to apply for a Personal / Business Loan.

plzzz sir advise me regarding this............Thanks alot.