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Wealth tax
Is it still important to study wealth tax for May 2015 as it has been abolished? 10mks was a sure shot question till date.
Replies (5)
Wealth-tax Act, 1957 will be abolished from A.Y. 2016-17. For May’15 CA Final Exams, A.Y. 2015-16 is applicable. Hence, Wealth-tax Act is relevant.
Is Wealth Tax applicable for November 2015 Attempt.
YES FOR BOTH NOV 15 MAY15 IT IS APPL
Wealth-tax Act will not be applicable for Nov’15 CA Final Exams.
.
- ICAI Announcement dated 23.04.2015 (link)
| Originally posted by : |)eep @ k Gupt/\ | ||
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Wealth-tax Act will not be applicable for Nov’15 CA Final Exams. . - ICAI Announcement dated 23.04.2015 (link) |
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