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R. Ratnam vs Wealth-Tax Officer. on 31 March, 1987

therefore, contended that the value of this Compulsory Deposit ought to have been excluded from the net wealth of the appellant. The learned Departmental Representative ... Under section 7A of the Compulsory Deposit Scheme (Income-tax Payers) Act, 1974, the amount of compulsory deposit is deemed to be a deposit with
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