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WEALTH TAX

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 March 2011 IS WEALTH TAX IS PAYABLE EVEN IF THE BUSINESS BY A COMPANY IS YET TO START?



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Ravikant

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Ravikant (Expert)
10 March 2011 YES, WT IS PAYABLE BY AN ASSESSEE ON THE NET WEALTH AS ON THE VALUATION DATE i.e. ON 31ST MARCH OF THE YEAR

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