https://www.taxtmi.com/manuals?id=334 The meaning of assets for wealth tax lists taxable categories-houses (including specified farm houses), motor cars (excluding business-use), jewellery and precious-metal articles, yachts/boats/aircraft (excluding commercial-use), urban land, and unrecorded cash above the prescribed threshold-and provides exclusions for assets held as stock-in-trade or used in business. Definitions clarify that jewellery includes ornaments and precious/semi-precious stones, and that urban land comprises areas within municipal/cantonment limits or specified adjacent areas while excluding land where construction is prohibited or certain industrial or trading holdings. 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=334 The meaning of assets for wealth tax lists taxable categories-houses (including specified farm houses), motor cars (excluding business-use), jewellery and precious-metal articles, yachts/boats/aircraft (excluding commercial-use), urban land, and unrecorded cash above the prescribed threshold-and provides exclusions for assets held as stock-in-trade or used in business. Definitions clarify that jewellery includes ornaments and precious/semi-precious stones, and that urban land comprises areas within municipal/cantonment limits or specified adjacent areas while excluding land where construction is prohibited or certain industrial or trading holdings. Manuals Wealth-tax Sat, 19 Jan 2008 23:16:00 +0530 https://www.taxtmi.com/manuals?id=334