Wealth tax
This query is : Resolved
02 January 2014
Whether the provision of Wealth Tax is applicable on a Non Resident India.
The NRI has made investment in India in various plots, house and farm house
Please clarify
The NRI has made investment in India in various plots, house and farm house
Please clarify
02 January 2014
Yes wealth tax is applicable to a NR having assets in India.
Only assets held outside India are excluded in case of NR.
Only assets held outside India are excluded in case of NR.
02 January 2014
yes for non resident foriegn assets are not taxable but in india are taxable.
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