https://www.taxtmi.com/caselaws?id=59139 The Tribunal held that Mehr payable by a husband constitutes a debt owed and is deductible in net wealth assessment. The marriage certificate indicated the amount fixed as dower, presumed prompt under Shia law. The Tribunal also affirmed the inclusion of the amount in the CDS account in the net wealth assessment, directing valuation on an actuarial basis. The appeal was partially allowed, with the deduction of Mehr payable upheld and the inclusion of the CDS account amount affirmed in the net wealth assessment. en-us Fri, 27 Feb 1987 00:00:00 +0530 Mon, 27 Dec 2010 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59139 The Tribunal held that Mehr payable by a husband constitutes a debt owed and is deductible in net wealth assessment. The marriage certificate indicated the amount fixed as dower, presumed prompt under Shia law. The Tribunal also affirmed the inclusion of the amount in the CDS account in the net wealth assessment, directing valuation on an actuarial basis. The appeal was partially allowed, with the deduction of Mehr payable upheld and the inclusion of the CDS account amount affirmed in the net wealth assessment. Case-Laws Wealth-tax Fri, 27 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59139