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1969 (9) TMI 19 - ANDHRA PRADESH HIGH COURTInterest of the assessee in the trusts was claimed by the assessee as in the nature of ``annuity`` - whether the sums representing the capital value of the annual payments made to the assessee under the five trust deeds executed by him constituted part of the net wealth of the assessee - Held, no - assessee could claim exemption from including the capitalised value of these payments in his net wealth for the purpose of levying wealth-tax
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