Wealth tax
This query is : Resolved
13 March 2014
Hello sir, My doubt is if I have acquired a falt in 1986, and say its book value in 2006 is Rs 2 lakh. For the purpose of wealth tax return how we are going to value is particular asset. A return is to be filed in 2013 14. please explain with example.
thank you.
13 March 2014
if its sop and only house then no need to file return as it is exempted.
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