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1977 (4) TMI 1 - SC - Wealth-taxDiversion by Overriding Title - land taken on lease - effect of the condition in lease that 50% of the unearned increase in the value to be paid to the lessor at the time of transfer on the valuation of leasehold interest - market value of the interest where it is not encumbered by the lease deed should be reduced by 50% of the unearned increase in the value of the land on the basis of the hypothetical sale on the valuation date - Revenue's appeal dismissed
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