Weath tax liability of nri

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Querist : Anonymous (Querist)
10 January 2014 individual nri staying in dubai have following assets india pl let me know which are subject to weath tax in india
1)urban land plot given on rent
2)jewellary
3)loan given to relative without interest
4)office vacant not given on rent
5)residential flats -4flats -2 given on rentang 2 vacant

thanks

11 January 2014 Hi,

Wealth tax may be applicable.

Pl read for more clarity on the same: http://articles.economictimes.indiatimes.com/2012-01-17/news/30635801_1_net-wealth-wealth-tax-act-assets

Thanks



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