#Wealth-tax Act
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5 Major Reasons Behind Income Tax Notices

Valuation of property covered under Ceiling Act for Wealth Tax cannot be higher than maximum compensation

Wealth Tax Exemption for Commercial property available if used for business by others

Mandatory e-Filing of ITR / Wealth Tax Returns with or Without Digital Signature for A.Y. 2015-16

Compounding of Offences under Income Tax Act, 1961 & Wealth tax Act, 1957

Extension of due date of filing return of wealth for A.Y. 2015-16 to 07.09.2015

No wealth tax on land which remains vacant as per construction Plan

Let-out Commercial Property is not to be considered as Asset for Wealth Tax purposes

Extension of due date of filing Return of wealth for A.Y, 2015-16

Land on which construction has started is not Asset for Wealth Tax Purposes

Commercial / Industrial properties cannot be assessed to Wealth tax

Reg. Refund of Wealth Tax Paid on Urban Agricultural Land Used for Agriculture

Abolition of levy of wealth-tax under Wealth-tax Act, 1957

Non-applicability of Wealth-tax for November, 2015 CA Final Examination
Explore the latest Wealth-tax Act updates on TaxGuru, including relevant legal provisions, notifications, circulars, case laws, compliance developments and expert analysis. This page brings together important developments and practical guidance to help taxpayers, businesses and professionals stay informed and understand the regulatory and commercial implications of changes.
