question regarding whether wealth tax applies or not
a lady has a house on her name(duly registered property) in a city and her husband (expired) had another house on his name (through power of attorney).Till date the house on husband's name has not been transferred to her wife or any children. is the wealth tax applicable in this situation?cost of both the houses is above 30 lacs
Yes, Agree with Sanjay
HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
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AJAY SINGH AND CO LLP
Thane
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S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
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