1984 (8) TMI 161

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..... . NAIR., T. N. C. RANGARAJAN. JUDGMENT: These appeals reiterate the claim of the assessee for exemption under s. 5(1)(xxxi) of the WT Act. 2. The assessee is an individual being the owner of cert .....

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..... ditions namely, that he is the owner of the assets and that it forms part of an industrial undertaking belonging to the assessee because the firms activity is after all the assessee's activity. Hence, .....

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