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Wealth tax

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(Querist)
10 November 2012 IS WEALTH TAX IS PAYABLE ONLY ON DIFFERENCE BETWEEN THE APPRICATED VALUE OF TAXABLE WEALTH OF CURRENT YEAR AND LAST YEAR VALUATION OR IS IT PAYABLE ON ENTIRE TAXABLE WEALTH EXCEEDING RS.30.00 LACS?
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Naveen Joshi

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Naveen Joshi (Expert)
10 November 2012 Wealth Tax is payable on the entire wealth not on the difference.

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