https://www.taxtmi.com/acts?id=6340 Net wealth includes assets transferred by an individual to others without adequate consideration (including spouse, certain children, persons or associations for the individual's benefit), assets deemed where a partner's interest or cooperative housing allotment exists, and converted family property treated as belonging to the individual; irrevocable transfers are excluded until revocation power arises, and book-entry gifts are included unless actual delivery to the donee is proved to the Assessing Officer. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 08 Sep 2012 10:20:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6340 Net wealth includes assets transferred by an individual to others without adequate consideration (including spouse, certain children, persons or associations for the individual's benefit), assets deemed where a partner's interest or cooperative housing allotment exists, and converted family property treated as belonging to the individual; irrevocable transfers are excluded until revocation power arises, and book-entry gifts are included unless actual delivery to the donee is proved to the Assessing Officer. Act-Rules Wealth-tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6340