As per wealth tax act Sec 4.Net wealth to include certain assets.

(1) In computing the net wealth---

(a) of an individual, there shall be included as belonging to that individual the value of assets which on the valuation date are held---

(i) --------
(ii) by a minor child, not being a minor child suffering from any disability of the nature specified in section 80U of the Income-tax Act, or a married daughter, of such individual, or
-----
Kindly clarify , if minor holds land or building whether the same is exempted u/s 5(vi) in addition to land or building owned by the individual.

tell me about the benefits of income tax return to a salary person.

Hai,
Can anyone tell me The duties of Internal Auditer in respect CARO, and CARO provisions..

I have deposited TDS challan under Interest instead of Contractor due to some misunderstanding. How can i rectify this mistake. Whether Deductee will get the credit for this or not.

Please reply

Dear all

How can I set up a private limited company in a SEZ. I am planning to set up a management consultant firm. My revenues would be mostly from foreign assignments.

Am I eligible to set up my company in SEZ as I am not going to manufacture or export any thing. And if I can what are my advantages.

please help me

We paid tds on Interest Excess in Accounting year 2007 08, Can I Adjust Excess payment Accounting year 07-08 in Accounting year 2008-09

whether TDS is applicable in respect of remittances in foreign currency made by an Indian company to a foreign national(who has no office or any business connection in india) for services rendered outside india.

i want to knw ki i have cleared pe 2 in may 2007...n i m regd in new course...so when will be my final attempt due..as per latest notification my attempt will be nov 2009...i want to knw that in nov 2009 will i give exams under new course?

what is Funda of C Forms under CST?
when are they required under purchase & Sale of Goods?

HYE
SIR I WANT TO ASK THAT DUE DATE OF TDS PAYMENT HAS BEEN INCREASED BY LATEST AMENDMENT SEC40(1)a
PLEASE CONFIRM ME REGARDING THIS

THANKYOU IN ADVANCE FOR GIVING YOUR VALUABLE TIME TO ANSWER THIS QUESTION

PRAMOD