Since , equity shares(of value >Rs 30lacs) are being held by my client , do he need to file the wealth tax return in this regard?Also , he is holding various other assets(total value> Rs 15lacs) like one single residential house , one car and two scooters?
Menu
Wealth tax
Replies (2)
Wealth tax is no longer leviable with effect from the assessment year 2016-17. Taxpayers are, therefore, not required to file a wealth tax return from assessment year 2016-17 onwards.
My friend wealthtax is no longer exist now
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
