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Wealth Tax

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

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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
20 May 2010 one Residential Property will be exempted
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CA Shailesh +91 9393926464

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CA Shailesh +91 9393926464 (Expert)
21 May 2010 Yes. Exemption is given for one Residential Property of the assessee
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
24 May 2010 agreed but exemption is available only to individual and HUF

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