Tax


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(Querist)
21 May 2014 A house purxhase in1968 at 2 lakh nd its value on 31st March 1971 is 4 Lakh nd During the year the assessee underwent some improvement Of 1 lakh.What value will be taken 4 wealth tax if on 31stMarch its value is 6 lakh...Plz Justify??

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Guest (Expert)
21 May 2014 what is value as on 1st april 1981


and u asking about 31st march of which year.. current or any previous one


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