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2011 (7) TMI 785 - MADRAS HIGH COURTWhether, on the facts and circumstances of the case, the Tribunal should hold that applying the decision of the Supreme Court in the case of F. S. Ghandhi (1990 -TMI - 5297 - SUPREME Court) that as the assessee was not occupying the land as a lessee under any lease agreement, the property is not exigible to wealth-tax - In the absence of any renewal and in the face of the demand by the lessor for possession-a claim which has been followed up by instituting a suit for eviction-it cannot be said that the assessee has an interest in the property which has vested in it for a period exceeding six years - Decided in favor of the assessee
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