Amendment of section 2.

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....ereinafter referred to as the Wealth-tax Act), in clause (ea), in sub-clause (i), in item (1), for the words "five lakh rupees", the words "ten lakh rupees" shall be substituted with effect from the 1....

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....e lakh rupees, such house shall not be included in the definition of assets on which wealth-tax is charged. It is proposed to amend item (1) of sub-clause (i) of the aforesaid clause so as to raise t....