Supreme Court: Award Valid Even If Passed After Mandate Expiry When Court Extends Time  ||  Jharkhand HC: Regular Bail Plea During Interim Bail is Not Maintainable under Section 483 BNSS  ||  Cal HC: Theft Claims and Public Humiliation Alone Don’t Amount To Abetment of Suicide U/S 306 IPC  ||  Delhi High Court: Elective Surgery Does Not Bar Grant of Interim Bail on Medical Grounds  ||  Delhi HC: Consensual Romance With Minor Nearing 18 May be Considered For Bail in POCSO Case  ||  Delhi HC: Not Named In FIR Doesn’t Matter If Financial Links Show Active Role in NDPS Offence  ||  Chhattisgarh HC: Rape is an Affront to Womanhood and a Brutal Violation of The Right To Life  ||  Supreme Court: Single Insolvency Petition Maintainable Against Linked Corporate Entities  ||  Supreme Court: Disputes are Not Arbitrable When the Arbitration Agreement is Alleged to be Forged  ||  Supreme Court: Temple Trust Does Not Qualify as an ‘Industry’ under the Industrial Disputes Act    

Wealth tax return not required 2016-2017 onwards- (Ministry of Finance ) (01 Apr 2016)

Direct Taxation

With the Central Government’s recent decision to abolish the wealth tax, the Central Board of Direct Taxes added that taxpayers are also not required to file a wealth tax return from assessment year 2016-2017 and onwards. The update is tempered somewhat by the fact that though a distinct return on wealth is not required, information contained therein must be included in the income tax return.

Tags : WEALTH TAX   ABOLISH   INCOME TAX RETURN  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved