Wealth Tax on Commercial PRemises

This query is : Resolved 

22 January 2009 1) Wheather wealth tax is applicable on shops which is not used by assessee for business purpose?
2) Wheather wealth tax is applicable on commercial building which is not used by assessee for business purpose?
3) Wheather wealth tax is applicable on commercial building which is given on rent?
4) Wheather wealth tax is applicable on shops which is given on rent?

Profile Image

Guest

Profile Image

Guest (Expert)
16 January 2011 All commercial assets other than business assets are taxable assets for the wealthtax purposes.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries