i have purchased a house of around 35lac of rupees.please suggest if i need to file wealth tax return?and if yes , how should i proceed for the same?
S.Gupta c/o KPS (NA) (187 Points)
26 August 2019i have purchased a house of around 35lac of rupees.please suggest if i need to file wealth tax return?and if yes , how should i proceed for the same?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182124 Points)
Replied 27 August 2019
No need to file wealth return now. The act has been abolished from AY 2016-17...
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961