CA Day celebration 2024 Easy Office
LCI Learning

wealth tax

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 December 2009 SEC 5 (III) OF WT ACT ANY ONE BUILDING IN THE OCCUPATION OF A RULER, BEING A BUILDING WHICH IMMEDIATELY BEFORE THE COMMENCEMENT OF THE CONSTITUTION (TWENTY-SIXTH AMENDMENT) ACT, 1971, WAS HIS OFFICIAL RESIDENCE BY VIRTUE OF A DECLARATION BY THE CENTRAL GOVERNMENT UNDER PARAGRAPH 13 OF THE MERGED STATES (TAXATION CONCESSIONS) ORDER, 1949, OR PARAGRAPH 15 OF THE PART B STATES (TAXATION CONCESSIONS) ORDER, 1

WHEN THE WORD RULER IS USED IT MEANS THE KINGS BEFORE INDEPENDENCE & THE PROPERTY THEY’VE BEFORE INDEPENDENCE

23 December 2009 Yes you are correct, the rules and thier Successor can cliam that exemption under wealth tax



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query