Property in joint name and implications of wealth tax.
This query is : Resolved
23 September 2016
Husband A and his Wife B purchase a Flat (50% share each). After 2 years wife B and her husband A purchase another Flat (50% share each).
In this scenario what are the implications of Wealth Tax for both of them?
In this scenario what are the implications of Wealth Tax for both of them?
CA Sumiit B Nagpal
(Expert)
23 September 2016
Wealth tax has been discontinued w.e.f. AY 16-17
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