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Education cess on wealth Tax

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Gajendra (Querist)
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14 January 2009 why education cess is not being imposed on wealth tax...??please explain with logical reason behind the same.....!!!!

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Guest (Expert)

14 January 2009 Wealth tax is a socialistic tax. It is not on income but payable only because a person is wealthy.

Hope the clarification helps!!!

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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01 December 2009 yes

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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01 December 2009 yes

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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01 December 2009 agree

Vishnu Saboo

Vishnu Saboo (Expert)
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30 December 2009 Thanks Mr. Anil

Vishnu Saboo

Vishnu Saboo (Expert)
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30 December 2009 Thanks Mr. Anil

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