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COMMISSIONER OF WEALTH TAX versus MRS. LUCY KOCHUVAREED


Compensation on Land Acquisition in respect of net wealth was paid in 1970 on Land Acquisition in 1974 and in 1987 the Tribunal waived 25% of the total value of compensation from 1972 to 1974 75 in the year of review. Permission granted and extended from 76 to 1978 of the assessment year 1975 to allow the exclusion of interest on 79 tribunal compensation

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