I have only recently come to know that the limit for Wealth Tax is net assets of Rs 30 lakhs. Call it my ignorance, or poor guidance and advise from my CA, I now find that I should have been filing my Wealth Tax returns for the past couple of years, which has not been done. I now have 2 questions - (1), if I wish to rectify this situation, what needs to be done by me, and (2) while computing the tax payable, assets like property, jewellery, car etc are to be valued at acquisition cost or market value - if market value is the basis, what would be the source of information for items like property?