https://www.taxtmi.com/caselaws?id=63856 The Tribunal upheld the orders of the Wealth-tax Officer in all three cases, allowing the departmental appeals. It was determined that the WTO could value specific assets at market value, Rule 1D was mandatory for valuing unquoted shares, and the valuation method should align with legal provisions and court decisions rather than inconsistent past practices. en-us Fri, 02 Aug 1985 00:00:00 +0530 Wed, 02 Feb 2011 14:15:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63856 The Tribunal upheld the orders of the Wealth-tax Officer in all three cases, allowing the departmental appeals. It was determined that the WTO could value specific assets at market value, Rule 1D was mandatory for valuing unquoted shares, and the valuation method should align with legal provisions and court decisions rather than inconsistent past practices. Case-Laws Wealth-tax Fri, 02 Aug 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63856