https://www.taxtmi.com/manuals?id=336 When a family member converts separate property into family property or transfers it to the family without adequate consideration, the property is deemed to have transferred by the individual through the family to members for joint holding and is deemed to be assets belonging to the individual for computing his net wealth. If partition results in the spouse receiving part, that portion is treated as indirectly transferred to the spouse and the same deeming applies, with the property excluded from the family's or spouse's net wealth once included in 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=336 When a family member converts separate property into family property or transfers it to the family without adequate consideration, the property is deemed to have transferred by the individual through the family to members for joint holding and is deemed to be assets belonging to the individual for computing his net wealth. If partition results in the spouse receiving part, that portion is treated as indirectly transferred to the spouse and the same deeming applies, with the property excluded from the family's or spouse's net wealth once included in the individual's net wealth. Manuals Wealth-tax Sat, 19 Jan 2008 23:16:00 +0530 https://www.taxtmi.com/manuals?id=336