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Wealth tax

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13 December 2013 Plzz give reference first before u answer, cash of proprietorship include in individual wealth tax return or not .
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
13 December 2013 Refer sec 2(ea)-def of asset and it clearely says cash for ind and huf in excess of rs 50,000 is taxable.
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