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1971 (9) TMI 27 - SC - Wealth-taxWhether on the facts and the circumstances of the case the Tribunal was right in holding that the income-tax liabilities amounting to Rs. 1,994,270 was not allowable as a deduction in the computation of net wealth of the assessee-company in view of the provisions of section 2(m)(iii) of the Wealth-tax Act, 1957 - answer of the question is given in favour of the department
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