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    <title>1968 (3) TMI 12 - BOMBAY High Court</title>
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    <description>The court held that the interest of the assessee under the trust had value for wealth-tax purposes and should be included in the net wealth. The court remanded the case to determine whether the shares of the assessee and his wife under the trust were indeterminate or unknown under the Wealth-tax Act. The assessee was directed to pay the costs of the reference to the Commissioner.</description>
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    <pubDate>Sat, 16 Mar 1968 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=7295</link>
      <description>The court held that the interest of the assessee under the trust had value for wealth-tax purposes and should be included in the net wealth. The court remanded the case to determine whether the shares of the assessee and his wife under the trust were indeterminate or unknown under the Wealth-tax Act. The assessee was directed to pay the costs of the reference to the Commissioner.</description>
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