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2009 (2) TMI 51 - HC - Wealth-taxWare-housing business – Tribunal’s finding that the godowns given on rent are occupied by the lessee for their business and were not occupied by the appellants for their business therefore, value of the godowns must be included in the net wealth of the assessee, is a finding of fact – since assessee is closely held company, for computing net wealth S. 40(3) of the Finance Act, 1983 is relevant – substitution of definition of “asset” by Finance Act 2 of 1996 w.e.f. 1.4.97, would be inapplicable
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