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Wealth tax

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(Querist)
31 December 2013 what is meant by conmercial purpose under wealth tax?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
31 December 2013 which is used for business related purpose.
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
31 December 2013 Agree,
Its related for Business purpose..

for detail info on wealth tax..

https://www.caclubindia.com/articles/short-and-simple-wealth-tax--19289.asp#.UsLeMIVvHDc
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