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Wealth tax

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20 August 2013 What is the basic exemption limit for taxability under the Wealth Tax Act Rs. 30 lakhs or Rs. 1 crore ??
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CA Parul Saxena

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CA Parul Saxena (Expert)
20 August 2013 Rs.30 lakhs
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Fenil Shah

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Fenil Shah (Querist)
20 August 2013 Thank You..
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
20 August 2013 net assets - net liabilities as per wealth tax act if does not exceeds 30 lakhs then no need to pay wealth tax.

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