Wealth tax
This query is : Resolved
ravi verma
(Querist)
06 July 2009
Can any body tell me whether wealth tax is abolished or not?? if yes then plz tell me the effective date... as i had received a notice from tax department to furnish wealth tax return for the property purchased in feb 06...
06 July 2009
its not abolished and file the return of wealth tax.
Ratan Sharma
(Expert)
06 July 2009
Agreed with expert. Basic exemption limit exceed from 15 lacs to 30 lacs.
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