Wealth tax basic exemption limit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 November 2015
Dear all,
i want to know basic exemption limit of wealth tax for A.Y. 2015-16
i want to know basic exemption limit of wealth tax for A.Y. 2015-16
21 November 2015
If it is asst. yr. 2015-16, basic exemption is Rs. 30 lakhs.
If it is accounting year 2015-16, no wealth tax by virtue of amendment is section 3(2) by the Finance Bill,2015.
If it is accounting year 2015-16, no wealth tax by virtue of amendment is section 3(2) by the Finance Bill,2015.
21 November 2015
Thnx sir and
Is it compulsory for filling online for assessment year 201-16 ???
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