Wealth Tax Act-Scope of Sec.2(e) in case of lease.

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....ce of the Board case where a theatre was leased out to a firm for a period of 6 years initially with a right to the lessee to extend it for another 5 years on the same terms and conditions. The right ....

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....371). 2. However, the above decision in the case of Seth Ram Nath K. Daga has not been accepted and an SLP has been filed before the Supreme Court. It has, therefore, been decided that assessments in....