Net wealth to include certain assets.

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.... held (whether in the form they were transferred or otherwise),—           (a) by the spouse of such individual to whom such asset has been transferred by him, directly or indirectly, otherwise than for adequate consideration or in connection with an agreement to live apart;           (b) by a minor c....

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....ime of the person; and 27 of 1957           (f) by a Hindu undivided family by way of any converted property.    (2) The provisions of sub-section (1) shall not apply in respect of such specified asset as has been acquired by the minor child out of his income referred to in clause (b) of subsection (1) of section 9 and which are hel....

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.... any part of the income or asset to the transferor; or            (ii) it, in any way, gives the transferor a right to re-assume power, directly or indirectly, over the whole or any part of the income or asset;        (c) the person shall, notwithstanding anything in this Code or in any other law for the time bei....