682/CBDT.

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..... ition of Zamindari estates were issued in Circular No.2D (WT) of 1964 dated 15.5.64. It is now settled law that the right to receive compensation on acquisition of land by the State is an asset, the v .....

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..... the net wealth of the person entitled to the compensation; or, if the person concerned is not already assessed to Wealth-tax, to ascertain whether he would become assessable to Wealth-tax. The Board .....

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