Wealth tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 January 2012
Are antique watches or watches in general considered as assets as per the wealth tax act?
06 January 2012
Hi,
It subjectable matter.
If you own 2-3 antique watches, its fine but if you are having a collection, the provisions of wealth tax may get attracted.
It subjectable matter.
If you own 2-3 antique watches, its fine but if you are having a collection, the provisions of wealth tax may get attracted.
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