Accountancy, asked by Sowjanyadevarapalli, 4 months ago

deductions of wealth tax

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Answered by Anonymous

Answer:

A net wealth tax deducted liabilities from an individual's wealth, primarily mortgages and other loans. ... The wealth tax was not part of the Income Tax Return (ITR) and was a form of direct tax required to be paid separately at the end of each financial year.

Answered by pushpahanchina52

Answer:

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