valuation for wealth tax
This query is : Resolved
21 July 2009
please tell me how to value urban plot , flats, agricltural land etc. in case of INDIVIDUAL ASSESSEE FOR WEALTH TAX .
PURCHASE COST ?
or
MARKET VALUE ?
IF MARKET VALUE THEN HOW?
PURCHASE COST ?
or
MARKET VALUE ?
IF MARKET VALUE THEN HOW?
22 July 2009
Please refer Schedule III for the valuation of the wealths taxable in the hands of the assessee.
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