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2001 (7) TMI 306 - AT - Wealth-taxExtract: .......hts in the land for a period of 95 years and can enjoy the same in any manner subject to the terms of lease. Accordingly, it is held that leasehold land possessed by the assessee belongs to it and therefore, is liable to be included in its net wealth. Accordingly, the order of CWT(A) is upheld. 9. In the result, appeal of the assessee is dismissed.
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