https://www.taxtmi.com/caselaws?id=65750 The Tribunal determined the valuation of an immovable property using the rental yield method, setting the capital value at Rs. 2,40,000 for assessment years 1972-73 to 1976-77. This valuation method was deemed appropriate due to tenant occupation and the property's location and income potential. As a result, the appeals by the assessee were partially successful, with the valuation standardized at Rs. 2,40,000 for all the relevant assessment years. en-us Fri, 03 Aug 1979 00:00:00 +0530 Fri, 18 Feb 2011 15:42:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65750 The Tribunal determined the valuation of an immovable property using the rental yield method, setting the capital value at Rs. 2,40,000 for assessment years 1972-73 to 1976-77. This valuation method was deemed appropriate due to tenant occupation and the property's location and income potential. As a result, the appeals by the assessee were partially successful, with the valuation standardized at Rs. 2,40,000 for all the relevant assessment years. Case-Laws Wealth-tax Fri, 03 Aug 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65750