https://www.taxtmi.com/acts?id=6492 A provision permitted the wealth-tax officer to exclude from computation under the balance-sheet adjustment rule the value of any asset or debt shown in the balance sheet that did not truly pertain to the business; however, the value of any such excluded asset or debt could still be taken into account for wealth-tax assessment under other provisions of the Act except where a provision precluded it. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 14 Sep 2012 17:05:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6492 A provision permitted the wealth-tax officer to exclude from computation under the balance-sheet adjustment rule the value of any asset or debt shown in the balance sheet that did not truly pertain to the business; however, the value of any such excluded asset or debt could still be taken into account for wealth-tax assessment under other provisions of the Act except where a provision precluded it. Act-Rules Wealth-tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6492