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1986 (3) TMI 25 - DELHI HIGH COURTExtract: .......it is held that the Tribunal was right in holding that the tax payable under the Finance Act, 1965, is right deduction for purposes of wealth-tax. The question is accordingly answered against the Commissioner of Wealth-tax and in favour of the assessee. Since nobody has appeared on behalf of the respondent, parties are left to bear their own costs.
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