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Wealth tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 August 2014 MY CLIENT IS A JEWELLER. IS THE CLOSING STOCK OF GOLD IN THE BOOKS TO BE CONSIDERED FOR WEALTH TAX CALCULATION?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
06 August 2014 Jewellery held as Stock-In-Trade is not included for Wealth Tax purpose.
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Rupesh Jain

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Rupesh Jain (Expert)
07 August 2014 no stock is not taking as assets for wealth tax purpose.
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