Are funds units liable to wealth tax

Question

Are funds units liable to wealth tax

Question: Are funds units liable to wealth tax?

169 Days ago
NRI Taxes - Business and Finance

Answer(s)

Raju Kanumuri: No, units issued to NRIs will not be treated as assets as defined under section 2(ea) of the wealth tax act, 1957 and hence will not be liable to wealth tax.

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Are funds units liable to wealth tax

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