wealth tax calculation
This query is : Resolved
14 July 2009
If an INDIVIDUAL assessee has agricultural lands,urban land,flats etc. than which value is to be used for wealth tax :-
1) purchase price (cost)
OR
2) market value
Because if market value than how to collect information .
please tell urgently.
1) purchase price (cost)
OR
2) market value
Because if market value than how to collect information .
please tell urgently.
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