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1987 (8) TMI 10 - HC - Wealth-taxExtract: .......anufacture or processing of goods, so that the exemption under clause (xxxii) is available. In our opinion, the Tribunal was justified in granting exemption to the assessee in respect of his interest in the partnership firm. The question is, accordingly, answered in the affirmative, i.e., in favour of the assessee and against the Revenue. No costs.
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