relating to wealth tax. very confusing.
This query is : Resolved
17 June 2010
hi frndz,
plz suggest me or help me abt my confusion. whether cash be form part of stock in trade for anybody or not.
if yes or no.
rest query i'll ask after resolve of first part of this question.
thanx in advance
plz suggest me or help me abt my confusion. whether cash be form part of stock in trade for anybody or not.
if yes or no.
rest query i'll ask after resolve of first part of this question.
thanx in advance
17 June 2010
may be..if the person lets say, is a forex dealer.. ie. money changer.
17 June 2010
Hi its not a stock for any one. U cant measure the value of money like any other stock. It has exchange rate; not value.
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