Wealth Tax

This query is : Resolved 

20 May 2010 Is a Residential Property considered as an asset in the computation of Wealth Tax?

Thanks

20 May 2010 one Residential Property will be exempted

21 May 2010 Yes. Exemption is given for one Residential Property of the assessee


24 May 2010 agreed but exemption is available only to individual and HUF



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