Asset transfer to persons or associations for benefit of son's wife or minor child now targeted by wealth tax amendment. The amendment adds clause (vi) to section 4(1)(a) of the Wealth tax Act, 1957, covering assets transferred by an individual, directly or indirectly, on or after 1 June 1973, otherwise than for adequate consideration for the immediate or deferred benefit of the son's wife, the son's minor child, or both.