Wealth tax applicable or not

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(Querist)
16 September 2013 Hi Dear Friend I Ask one quarry related to wealth tax if any person transfer to jewellery to her spouce then wealth tax applicable on which person
plz give me a ans. as soon as possible
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
16 September 2013 if it is given as gift then not taxable for spouse but will be clubbed in the statement of assets of the transferor spouse.
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