Supreme Court Flags Excess Records as Cause of Delays in Corruption Case Prosecutions  ||  Supreme Court: Outgoing Partner’s Share Valued on Assessment Date, Not Dissolution Date  ||  Supreme Court Acquits Two Murder Convicts, Finds Prosecution Story Suspicious  ||  SC Restores SEBI Fraud Proceedings against Vedanta over 2014 Share Buyback  ||  CCI Rejects Kerala Private Bus Operators’ Challenge to Free KSRTC Travel for Women  ||  Chhattisgarh HC: Sharia Body can't Decide Muslim Woman's Marital Status or End Marriage  ||  MP High Court: Adult Woman Can Become Jain Saadhvi Despite Parents’ Opposition  ||  MP High Court Quashes 70%-80%-90% Pay Rule for Class III, IV Staff during Probation  ||  SC: Pre-2015 NH Act Awards Must Follow 1894 Act for Solatium and Interest  ||  SC: Service Rendered Before Regularization Must Be Counted for Pension Benefits    

Search Results for Tag : wealth tax

Notifications & Circulars

Wealth tax return not required 2016-2017 onwards(01.04.2016)

With the Central Government’s recent decision to abolish the wealth tax, the News

No Wealth Tax Exemption for Mysuru’s Erstwhile Royal Family: Karnataka HC(07.09.2018)

Karnataka HC has held that 28-acre land at Palace Grounds, in custody of Mysuru’s erstwhile royal family is not exempted from Wealth Tax.

Tags : Karnataka High Court, Wealth Tax



Judgments

Certificate from Collector has to be placed by the assessee to determine that particular land comes under the urban land or agricultural land(27.07.2022)

The assessee is an individual derives income by way of rent, interest and agriculture etc. The assessee filed return of net wealth for A.Y. 2010-11 de.....

Tags : Wealth tax, Addition, Legality



Supreme Court values excess land owned by Wadiyar royalty(21.09.2015)

In a question on valuation of property for the purposes of wealth tax, the Supreme Court held that property, the overall area of which exceeded that a.....

Tags : Ceiling, valuation, land, wealth tax



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