https://www.taxtmi.com/manuals?id=322 Deemed assets are assets transferred by an individual and held on the valuation date by related persons-such as a spouse, minor child (excluding assets of the minor's own income), married daughter, son's wife, or by persons holding assets for the immediate or deferred benefit of the individual or spouse-when the transfers were made otherwise than for adequate consideration or not under an irrevocable transfer; such assets are included in computing the individual's net wealth. en-us Sat, 19 Jan 2008 23:16:00 +0530 Sat, 19 Jan 2008 23:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=322 Deemed assets are assets transferred by an individual and held on the valuation date by related persons-such as a spouse, minor child (excluding assets of the minor's own income), married daughter, son's wife, or by persons holding assets for the immediate or deferred benefit of the individual or spouse-when the transfers were made otherwise than for adequate consideration or not under an irrevocable transfer; such assets are included in computing the individual's net wealth. Manuals Wealth-tax Sat, 19 Jan 2008 23:16:00 +0530 https://www.taxtmi.com/manuals?id=322