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        Wealth-tax

        Appendix - Appendix

        Wealth Tax Rules, 1957
        Chapter I

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        Wealth tax valuation factors for life interests enable capitalisation of recurring life payments under the Wealth Tax Rules. Appendix table under the Wealth Tax Rules, 1957, listing for each age the premium for unit sum assured (P), the factor (1/(p + d) - 1), and the value of a life interest of Re. 1 per annum at a 61/2% interest rate, to be used in valuing life-contingent interests for wealth-tax purposes.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Wealth tax valuation factors for life interests enable capitalisation of recurring life payments under the Wealth Tax Rules.

                                Appendix table under the Wealth Tax Rules, 1957, listing for each age the premium for unit sum assured (P), the factor (1/(p + d) - 1), and the value of a life interest of Re. 1 per annum at a 61/2% interest rate, to be used in valuing life-contingent interests for wealth-tax purposes.


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