New Wealth Tax Return Form BB : Why You May Not Like it !

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Wealth tax return form has been notified. That is not a news now. But the new wealth tax return form BB effective for assessment year 2014-15 is quite different than the earlier wealth tax return Form BA. The changes brought in the Form BB vide the notification 32/2014 [F.NO.143/1/2014-TPL]/SO 1576(E), DATED 23-6-2014. One is astonished to find that certain changes looks like the violation of constitutional right of the citizen of this country. But let us first start with major changes in Wealth Tax Rule

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