WEALTH TAX PROBLEM?

THERE IS A PROVISION THAT LOAN INVESTMENTS ON WHICH THE INTEREST RECEIVABLE IS EXEMPT UNDER SEC 10 OF INCOME TAX ACT WILL NOT BE INCLUDED IN NET WEALTH.... I M NOT CLEAR ABOUT THAT PROV...CAN SOMEONE CLEARIFY THAT PROV. ... IS IT APPLICABLE TO NON RESIDENTS ONLY....
Replies (2)

Hi Abhas!!

can u please tell the exact section/rule in the act where such provision is mentioned?

thanks 

ABHAS PLEASE GIVE ELABORATE THE PROBLEM OR ASK ME AT HOME!!!!!!!!

HA HA HA!!!!!!

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