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1966 (3) TMI 6 - ANDHRA PRADESH HIGH COURTTotal wealth - a present liability to pay a sum of money which is ascertainable only in the future constitutes a `debt` in law - the balance amount of compensation which is to be ascertained in future u/s 39 of Act XXVI of 1948 and paid to the assessee is a debt owing to the assessee - therefore, it is an asset of the assessee which has to be included in assessing the total wealth of the assessee
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