Since , equity shares(of value >Rs 30lacs) are being held by my client , do he need to file the wealth tax return in this regard?Also , he is holding various other assets(total value> Rs 15lacs) like one single residential house , one car and two scooters?
Menu
Wealth tax
Replies (2)
Wealth tax is no longer leviable with effect from the assessment year 2016-17. Taxpayers are, therefore, not required to file a wealth tax return from assessment year 2016-17 onwards.
My friend wealthtax is no longer exist now
Recent Threads
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
Related Threads
CAclubindia
