Is it attract of wealth tax

Roopeshkumar L (Artical) (142 Points)

05 January 2012  

Hi all,

Mr. A is indian citizen, now he is in USA  has acquired USA citizenship (now is a non-resident)  had purchased a house in 2003 for Rs. 96 Lakh  ( In India), its vacant & not let out,  he does not any other house in India.

He is liabile Pay Wealth Tax...........?