is silver is exempt under wealth tax act
3 Replies
Devendra
(Chartered Accountant)
(4780 Points)
Replied 17 December 2010
No Silver Jewellery is taxable under the Wealth Tax Act.
Regards,
Devendra
Deepak Tapse
(Accounts Manager - Taxation)
(1771 Points)
Replied 18 December 2010
Agree with Devendra, Silver is taxable
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