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1999 (10) TMI 3 - SC - Wealth-taxWhether Tribunal was justified in holding that only the value of the interest of the beneficiary in the trust could be included in the net wealth and not the value of the corpus of the trust itself - in the case of the appellant trust beneficial interest is to be assessed to wealth-tax in the hands of the trustee under section 21(4) -However, the direction given by HC that "trustee will have to be assessed on the entire value of the trust fund as individual" is contrary - appeal partly allowed
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