edu cess wealth tax

This query is : Resolved 

01 September 2008 is education cess & SHEC payable on wealth tax/is it payable only on inc tax

01 September 2008 Tax rate is 1% on amount by which ˜taxable net wealth" exceeds Rs 15 lakhs. No surcharge or education cess is payable

03 September 2008 No Welath tax does not come within the perview of Education cess.

02 July 2010 no education cess on w tax but shailesh sir limit is now 30 lakhs.

02 July 2010 No surcharge or education cess is payable on welth tax.


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