Wealth tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 February 2013
If HUF is doing business then on business cash shown in books wealth tax is applicable or not ?
21 February 2013
In case of individual and HUF, cash in hand on the last moment of the valuation date in excess of Rs. 50,000 is an ‘asset’
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