TMI Blogmeaning of wealthX X X X Extracts X X X X X X X X Extracts X X X X ..... meaning of wealth X X X X Extracts X X X X X X X X Extracts X X X X ..... the meaning of wealth (including/ excluding in wealth) . Please describe me. Reply By malhar shenoy: The Reply: Taxable Wealth means value of assets less Liablities / Loan against these wealth.I.e N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... et Wealth as defined in Section 2(m). Assests liable for wealth tax are given in section 2(ea) of the Wealth Tax Act.namely, 1.Building 2. Motor Car 3.Jewellery 4.Yatch, Boat and Aircraft 5 .urban L ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and 6.Cash in Hand. X X X X Extracts X X X X X X X X Extracts X X X X
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