https://www.taxtmi.com/caselaws?id=27063 The court dismissed the tax case petition, emphasizing the significance of the timing of the transfer in determining the applicability of the Wealth-tax Act provisions. The court held that the funds transferred to the lady before marriage were not to be included in the assessee's net wealth, citing a Supreme Court decision and emphasizing that the actual payment date was crucial, regardless of the trust deed's terms. The court underscored that the legal consequences of the pre-marriage payment could not be disregarded, leading to the dismissal of the case. en-us Tue, 19 Mar 1985 00:00:00 +0530 Wed, 10 Feb 2010 15:25:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27063 The court dismissed the tax case petition, emphasizing the significance of the timing of the transfer in determining the applicability of the Wealth-tax Act provisions. The court held that the funds transferred to the lady before marriage were not to be included in the assessee's net wealth, citing a Supreme Court decision and emphasizing that the actual payment date was crucial, regardless of the trust deed's terms. The court underscored that the legal consequences of the pre-marriage payment could not be disregarded, leading to the dismissal of the case. Case-Laws Wealth-tax Tue, 19 Mar 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27063