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  • Wealth Tax Form - Income Tax Department - Law Incometaxindia Gov

Get Wealth Tax Form - Income Tax Department - Law Incometaxindia Gov

FORM BA RETURN OF NET WEALTH See rule 3(1)(B) of Wealth-tax Rules, 1957 For individuals/Hindu undivided families/companies Please follow enclosed instructions PAN must be quoted. Use block letters.

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Income Tax Department Official Customer Care Helpline and Toll-Free Numbers and Contact Details: Toll-Free Number: 1800 180 1961....List of Official Income Tax Email IDs: EmailPurpose@incometax.gov.inDepartmental website@incometaxindiaefiling.gov.inFiling income tax returns4 more rows • Mar 1, 2023

Wealth tax is to be paid at 1% on the net wealth in excess of Rs. 30,00,000. No cess or surcharge is levied on Wealth tax. A person may own assets in India as well as abroad.

The Income Tax Department does not request detailed personal information through e-mail. The Income Tax Department does not send e-mail requesting your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts.

In case an individual's assets cross Rs. 30 lakhs, then she/he is required to file the wealth tax return for a particular financial year. The wealth tax act was formed and passed in the year 1957. Wealth tax return is filed via form BA for individuals, HUFs as well as companies.

In case any of the above assets are sold after holding for 3 years, the gain arising on the sale of such assets shall be treated as “Long-Term Capital Gain”. The tax rate applicable on long-term capital gain is 20% plus cess @ 4%. Thus, the effective tax rate is 20.80%.

The Reporting Portal is an online interface made available by the Income Tax Department of India. Its purpose is to make it possible for reporting entities to register with the Income Tax Department. Reporting entities can access the reporting portal through the URL – https://report.insight.gov.in.

Notice under Section 143(2) for scrutiny assessment u/s 143(3) A notice u/s 143(2) is sent to the taxpayer if the Tax Department chooses to scrutinize the ITR of the taxpayer. The assessing officer sends this notice within 6 months from the end of the financial year...

Step 1: Go to the e-Filing portal homepage. Step 2: Click Income Tax Return (ITR) Status. Step 3: On the Income Tax Return (ITR) Status page, enter your acknowledgement number and a valid mobile number and click Continue. Step 4: Enter the 6-digit OTP received on your mobile number entered in Step 3 and click Submit.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232