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1979 (5) TMI 98 - ITAT MADRAS-BExtract: .......r will be entitled to the exemption. In the light of the same we direct the WTO to take the assets of the partnership excluding those assets which are excluded under s. 5(1)(xxxii) and then compute the interest of the assessee in the firm in which he is a partner for purpose of computation of his net wealth. 6. In the result, the appeal is allowed.
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