Wealth tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 January 2015
Wealth tax chargeability for 2015-16
21 January 2015
In case the taxable Net wealth of the Individual or HUF is above Rs 30 Lacs, such assessee will be required to file Wealth Tax Return in the New Form BB for Asst year 2014-15 and subsequent year. He may file such Return of Wealth Tax physically (or electronically with digital signature at his option).
However, in case, provisions of Section 44AB of the Income Tax Act 1961 is also applicable to such assessee he can not furnish paper return and it will be mandatory for him to file the Wealth Tax Return with digital signature.
However, in case, provisions of Section 44AB of the Income Tax Act 1961 is also applicable to such assessee he can not furnish paper return and it will be mandatory for him to file the Wealth Tax Return with digital signature.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
