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1969 (8) TMI 7 - SC - Wealth-taxWhether in determining the net value of the assets u/s 7(2), the value of the company's fixed assets as shown in its balance-sheet as on the valuation date should have been substituted by the w.d.v. of these assets as per the company's income-tax record - whether for determining the net value of assets, an adjustment on account of normal depreciation of the fixed assets from the date of revaluation of the assets to valuation date was justified - Appeal of revenue is allowed by way of remand
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