Wheater wealth tax on building (let out)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 October 2013
any one tell me wheater Wealth Tax On Building (let Out) to be Charge or not.
31 October 2013
Residential property and which is let out for a minimum period of 300 days in the previous year.
Then it will be treated as asset and it will attract wealth tax...
Then it will be treated as asset and it will attract wealth tax...
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 October 2013
Building is let out for Commercial purpose
31 October 2013
No then it wouldn't be considered in wealth tax...
31 October 2013
No wealth tax chargeable in this case.
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