how to revalue the motor car in terms Wealth Tax purpose
say if the same is purchase three years ago for Rs. 5 Lacs now calculating the wealth tax what amount to be added for car for the Assesment year 2010-11.
pl. some one reply.
DIPAK AGARWAL (Service) (554 Points)
03 June 2010
how to revalue the motor car in terms Wealth Tax purpose
say if the same is purchase three years ago for Rs. 5 Lacs now calculating the wealth tax what amount to be added for car for the Assesment year 2010-11.
pl. some one reply.
madhur gupta
(student/article )
(1022 Points)
Replied 03 June 2010
take WDV of car as per income tax if doing business
els take its market value....
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