Wealth Tax

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nibin (Querist)
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12 October 2009 If an assesse has owned a room in an shopping complex and he is rented it for 8 months in an year.

did he taken this asset for the calculation of wealth tax and calculate net maintainable rent..?

CA. Bikash Bogi

CA. Bikash Bogi (Expert)
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20 October 2009 No. it is let out for less than 300 days

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