Wealth tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 February 2015
is wealth tax levied on lienced revolver & what should be in mind while computing net wealth tax
09 February 2015
no , it is not an asset as per sec 2(ea) of wealth tax act.
09 February 2015
I fully agree with the opinion expressed by Mr. Tushar.
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