Salam Everyone!
Can any body help? Please help if you can guide that i have one plot for making restaurant from last year...Do i have to pay Zakat on this? more over what value of my business stock i have to pay zakat ? my wholesale value or the retail value? Third and last question is...Zakat is payable on rental income of the properties and what if i am paying tax to govt on my rental income? can i deduct govt paid tax from the rental income? Some body told me that there is no zakat on diamonds? is it true?
Regards