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1989 (1) TMI 21

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....ing question of law has been referred for the opinion of this court: "Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in holding that the loans secured by the assessee on the house property at Cross-cut Road, Coimbatore, should be allowed in full even though a sum of Rs. 1,00,000 was allowed as exemption under section 5(1)(iv) of the Wealth-tax ....