Wealth tax
This query is : Resolved
19 March 2012
is it compulsory to file Wealth Tax Return or not if there is no Wealth Tax Liability
19 March 2012
Hi
There is no need to file Wealth Tax Return, if you are not covered under that tax.
Regards
There is no need to file Wealth Tax Return, if you are not covered under that tax.
Regards
19 March 2012
Thanks for the reply, but for F.y. 2009-10 i have paid wealth tax & filled Wealth TAx return also but for the F.y. 2010-11 i had NIL wealth tax liability. so is it ok
19 March 2012
Hi
I will suggest if you have filed WTR for FY 2009-10 then, if in the FY 2010-11 is NIL, in that you file NIL WTR. It will be a good practice.
Regards
I will suggest if you have filed WTR for FY 2009-10 then, if in the FY 2010-11 is NIL, in that you file NIL WTR. It will be a good practice.
Regards
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