Civil Procedure Code (CPC)

wealth tax

This query is : Resolved 
 

(Querist)
21 December 2009

whether land & bdg both are assessed separately in wealth tax


Raj Kumar MakkadOnline (Expert)
22 December 2009

yes.

soumitra basu (Expert)
22 December 2009

yes

Vineet (Expert)
22 December 2009

No building is assessed in isolation of land on which it is erected or the land appertenant to such building.

If the land is vacant, the same is assessed as per its location, nature, use as prescribed in law.



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