1998 (11) TMI 48

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Full Text of the Document

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....at the assessee is entitled to exemption provided under section 5(l)(i) of the Wealth Tax Act, 1957, for the assessment years 1966-67 to 1974-75. It was submitted by counsel at the Bar that for the subsequent years, the Wealth-tax Officer has not denied exemption provided for under section 5(l)(i) of the said Act to the assessee. The assessee is a trust whose objects are wide ranging including imp....