https://www.taxtmi.com/circulars?id=10329 The Instruction states that outstanding fees of advocates who only plead and do not act are not legally recoverable debts and not assets for wealth-tax purposes, but not all outstanding fees are debts of honour and require scrutiny. Wealth-tax Officers must obtain from professional persons a list of outstanding fees with reasons for exclusion so assessing officers can decide what amounts to include in net wealth. en-us Sat, 07 Jun 1975 00:00:00 +0530 Mon, 13 Jun 2011 15:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10329 The Instruction states that outstanding fees of advocates who only plead and do not act are not legally recoverable debts and not assets for wealth-tax purposes, but not all outstanding fees are debts of honour and require scrutiny. Wealth-tax Officers must obtain from professional persons a list of outstanding fees with reasons for exclusion so assessing officers can decide what amounts to include in net wealth. Circulars Income Tax Sat, 07 Jun 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10329