Direct taxes-nov 2008- wealth tax

It is not an asset.

i have yet to see question paper

As per the relavant Act the treatment of agricultural land is as follows

1. Ag. land in urban area

ans. is added while calculating the weath.

2. Ag. land in rural area.

Ans. is an exempted asset.

                       I am appearing for ICWAI final in the december pls provide me direct and indirect tax notes  ( summarised form). bcz i do not have sufficent time to read in detail.

hi friends,

I am a Student ICWAI (Inter) and appear in June'09 then can any one provide me Direct Tax Notes bcoz i have no sufficient time .

Regrds,

Saroj Yadav