Whether Guest House is considered as wealth while computing Wealth of a Company if some rooms are given for residential purpose of its employees having remuneration less than Rs.20,000?
Wealth tax doubt!
(Guest)
Whether Guest House is considered as wealth while computing Wealth of a Company if some rooms are given for residential purpose of its employees having remuneration less than Rs.20,000?
CA. Ankit Bhansali
(---)
(120 Points)
Replied 04 February 2013
guest house is diffrent thing and house given to employees is diffrent..
if u say der is a bldg some flats are used as guest house and some are given to employee.
den treat residential unit diffrently that is used as guest house and given to employee
CAclubindia
