Wealth tax
This query is : Open
24 March 2014
Dear Sir, Do a partner ship firm need to file return wealth tax return or how valuation of his assets will be done for wealth tax purpose?? thank you
24 March 2014
Wealth Tax is applicable to all the assessess except for the following:-
1)Section 25 company
2)Co-operative society
3)Social club
4)Political party
5)Mutual Fund specified u/s. 10(23D) of the I.T. Act.
For Valuation, refer section 7 of Wealth Tax Act.
1)Section 25 company
2)Co-operative society
3)Social club
4)Political party
5)Mutual Fund specified u/s. 10(23D) of the I.T. Act.
For Valuation, refer section 7 of Wealth Tax Act.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
