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Wealth-tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Determination of net wealth - Inclusion of leasehold interest ...

Wealth-tax

December 24, 2015

Determination of net wealth - Inclusion of leasehold interest -Appellant certainly has an interest in the property for a period of 95 years. This is sufficient to hold that on the valuation date, this land belongs to the Appellant, notwithstanding the fact that the ownership in the land would belong to MIDC - HC

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