Executor Beneficiary entitled to Wealth-tax Act benefit for property use

The High Court of Delhi upheld the Tribunal's decision, ruling that the executor, who was also the beneficiary under the will, was entitled to the benefit of section 7(4) of the Wealth-tax Act for using the property for residential purposes.

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The High Court of Delhi ruled that the executor, who was also the beneficiary under the will, was entitled to the benefit of section 7(4) of the Wealth-tax Act for using the property for residential purposes. The Tribunal's decision was upheld.

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