Rates of wealth tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 July 2014
Dear Expert
My client had agricultural land which sold in 13-14 and buyer deposited the TDS in seller PAN.The land was inherited to him and he has no information about the cost of land.
for complying the capital gain rule how can i took the cost of said land and how can i show this particular transaction in return.
Thanks in Advance
Regards
Aditya Dubey
My client had agricultural land which sold in 13-14 and buyer deposited the TDS in seller PAN.The land was inherited to him and he has no information about the cost of land.
for complying the capital gain rule how can i took the cost of said land and how can i show this particular transaction in return.
Thanks in Advance
Regards
Aditya Dubey
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 July 2014
Please send me rates of Wealth Tax for asst. year. 2014-15
24 July 2014
Rate of wealth tax is 1% of Taxable wealth.
24 July 2014
1% is the rate applicable when net assets exceeds rs 30 lakhs............................
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