Limit of wealth tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
31 July 2014 For the f.y 2013-14 what is the limit & effected date

31 July 2014 limit is net assets must not excced rs 30 lkahs?

effected date means wat?

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 August 2014 From which date or f.y 30 lacs limit in wealth is applicable

03 August 2014 30 Lacs as on last day of Previous Year i.e., 31.03.2014 which is called valuation date.


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