Hi everyone , does wealth tax apply on government companies ?
JAINENDRA JAIN
(ACS/CA)
(1668 Points)
Replied 07 August 2013
section 45 states that wealth tax does not apply to :
1)section 25 companies
2) mutual fund
2) social club
4) political party
5)co operative society
6) RBI
Master GSTR-9 and 9C with India's First Unique Live Course with Live practical training
CAclubindia
