Wealth tax
Querist : Anonymous
1 is it applicable to foreign citizen resident in india? if yes is there a difference between their taxabilty vis a vis normal citizen residents?
2 is there exemption for jewelery
3 what are the other items which are exempt?
Jewellery is not exempt from wealth Tax.
In wealth Tax only certain assets are taxable as assets so if you provide a tentative list of assets held by him as on 31.03.2011, with respective market value on valuation date i.e. 31.03.2011, you may be guided further in this regard.
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- Relief u/s Section 89
- Rent lease agreement
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
