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Wealth tax calculation

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28 September 2012 How to calculate wealth tax ??/
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
28 September 2012 First calculate the net wealth.
Exemption of Rs. 30 lakhs would be there and the balance will be charged to wealth tax @1%.
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CA Lokesh Pokharna

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CA Lokesh Pokharna (Expert)
28 September 2012 net wealth as per wealth tax act.
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