https://www.taxtmi.com/caselaws?id=19413 Payment of meher by a husband to his wife was treated as a payment for consideration, not a transfer without consideration, so property acquired by the wife out of that amount was not includible in the husband's net wealth under the Wealth-tax Act. The same meher amount could also not be characterised as a recoverable debt due from the wife, and therefore could not be brought into the husband's net wealth as a liability or asset. Both referred questions were answered against the Revenue and in favour of the assessee. en-us Mon, 07 Sep 1992 00:00:00 +0530 Fri, 06 Nov 2009 10:47:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19413 Payment of meher by a husband to his wife was treated as a payment for consideration, not a transfer without consideration, so property acquired by the wife out of that amount was not includible in the husband's net wealth under the Wealth-tax Act. The same meher amount could also not be characterised as a recoverable debt due from the wife, and therefore could not be brought into the husband's net wealth as a liability or asset. Both referred questions were answered against the Revenue and in favour of the assessee. Case-Laws Wealth-tax Mon, 07 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19413