wealth tax
This query is : Resolved
21 December 2009
whether land & bdg both are assessed separately in wealth tax?
21 December 2009
In a situation where rule 111 valuation is impracticable, separate valuation for building and land will be considered for assessement purpose.
21 December 2009
sir rule 111A valuation relates to what?b/c in wealth tax rule the rules till rule 20
21 December 2009
Regret for the mistake. It is not rule 111. May be read as Schedule III. That schedule contains 21 rules containing methods to value assets for Wealth tax purposes.
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