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[Cites 0, Cited by 0] [Section 1B(2)] [Section 1B] [Entire Act]

Union of India - Subsection

Section 1B(2)(a) in The Wealth-Tax Rules, 1957

(a)the Wealth-tax Officer may, if he is of the opinion that in the case of the life tenant a life insurance company would not take the risk of insuring his life at the normal premium rates in force but would demand a higher premium, vary the valuation suitably;