Balance-sheet availability: use the immediately preceding balance-sheet to value unquoted shares when valuation-date sheet is unpublished. If a company's balance-sheet as on the relevant valuation date is not published or available to shareholders by the due date for filing wealth-tax returns, the value of unquoted equity shares under rules 11 and 12 of Schedule III may be computed on the basis of the balance-sheet drawn up as on a date immediately preceding the relevant valuation date; where returns adopt that basis, the Wealth-tax Officer must use the preceding-date balance-sheet for assessment even if the valuation-date balance-sheet is later available.