https://www.taxtmi.com/caselaws?id=66920 The Tribunal allowed the appeal of the assessee, directing the WTO to recompute the wealth by adding only the value of shares allotted to the assessee and his spouse, while excluding the shares allotted to major sons on partition. The judgment clarified the distinction between assessing converted property shares allocated to spouses and minor children versus major children, aligning with statutory provisions and legal principles. en-us Fri, 18 Jul 1986 00:00:00 +0530 Tue, 08 Mar 2011 11:32:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66920 The Tribunal allowed the appeal of the assessee, directing the WTO to recompute the wealth by adding only the value of shares allotted to the assessee and his spouse, while excluding the shares allotted to major sons on partition. The judgment clarified the distinction between assessing converted property shares allocated to spouses and minor children versus major children, aligning with statutory provisions and legal principles. Case-Laws Wealth-tax Fri, 18 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66920