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1964 (10) TMI 108 - HC - Wealth-taxExtract: .......ility in respect of gratuity under the two agreements dated 22nd June, 1949, and the 2nd July, 1952, is an allowable deduction in computing the net wealth of the assessee under section 7(2)(a) of the Wealth' tax Act?" The question will be answered in accordance with our judgment. Each party will bear and pay its own costs of the reference.
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