25 July 2014
sir my mother ke pass residental house 675000/- and cash 45400/-jewellry 40 gram gold and my brother ke pass factory 50 % 4450000/- ish per wealth tax lagega kya
25 July 2014
You need to get you Property valued by Registered valuer. If Net Wealth exceeds Rs 30 lac as on 31.03.2014 then only Wealth Tax required to be paid @1%.
CAclubindia
