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.
1 Replies
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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