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1988 (9) TMI 41 - HC - Wealth-taxExtract: .......he Tribunal was justified in holding that the value of the books owned by the assessee was exempt from, wealth-tax under section 5(1)(xii) of the Wealth-tax Act, 1957, in its entirety and not to the extent of Rs. 20,000 only within the meaning of section 5(1)(x) of the same Act. The assessee will be entitled to his costs which we assess at Rs. 200.
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