https://www.taxtmi.com/caselaws?id=63974 The Tribunal directed the valuation of Odeon Cinema and Naaz Cinema to be recalculated using the income capitalisation method, considering average income and appropriate deductions. For the land at Shanker Road, the Tribunal accepted the value returned by the assessee due to ongoing litigation and restrictions. Emphasizing the importance of suitable valuation methods based on property nature, the Tribunal highlighted the significance of judicial precedents and CBDT circulars in determining property values. en-us Fri, 26 Feb 1993 00:00:00 +0530 Wed, 02 Feb 2011 18:48:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63974 The Tribunal directed the valuation of Odeon Cinema and Naaz Cinema to be recalculated using the income capitalisation method, considering average income and appropriate deductions. For the land at Shanker Road, the Tribunal accepted the value returned by the assessee due to ongoing litigation and restrictions. Emphasizing the importance of suitable valuation methods based on property nature, the Tribunal highlighted the significance of judicial precedents and CBDT circulars in determining property values. Case-Laws Wealth-tax Fri, 26 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63974