Valuation of jewelleries for wealth tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 December 2014 To file the wealth Tax return for Asst Year 2013-14 I have made the valuation of my jewelleries as on 31.03.2013.

When I have gone for filing of Wealth Tax return for Asst Year 2014-15 I have found that Wealth tax Return format has been changed and now they need the valuation of each items separately.

My query is whether I have to obtain a fresh Valuation Report as on 31.03.2014 for filing of Wealth Tax Return for 2014-15?

Rupesh Jain

Rupesh Jain (Expert)
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29 December 2014 YOU CAN USE THIS REPORT FOR FOUR NEXT YEAR ONLY YOU HAVE TO ADJ.OF SALE AND PURCHASE MADE AFTER THE VALUATON REPORT.

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