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2001 (11) TMI 261 - AT - Wealth-taxExtract: ....... satisfied. The assessees would not be entitled to any benefit under that section. Accordingly we are of the opinion that the annuity policy would be an asset within the meaning of section 2(e) of the Act and the assessees would not be entitled to deduction under section 5(1)(vi) of the Act. 6. In the result, the appeals of the Revenue are allowed.
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