Under wealth tax what is net wealth?
Net wealth is the aggregate value, computed under the provisions of the W.T. Act, 1957, of all assets (including deemed assets), belonging to the assessee on the valuation date, Minus the aggregate value of all debts owed by the assessee on the valuation date which have been taken in relation to the assets attracting wealth tax.
Source: Income Tax Department
Income from House Property
Income from Other Sources
Return of income
Due dates for filing tax returns