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Wealth tax

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(Querist)
30 January 2014 Is urban agricultural land chargeable to wealth tax, under the following conditions;
i) if Vacant
ii) if used for agricultural activities
iii) used for other business activities
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@VaibhavJ

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@VaibhavJ (Expert)
30 January 2014 NO, it is exempt in all 3 cases.

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