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    <title>1988 (11) TMI 140 - ITAT HYDERABAD-A</title>
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    <description>The Tribunal upheld the Wealth Tax Officer&#039;s valuation of a property using the rent capitalization method for assessment years 1980-81, 1981-82, and 1982-83, rejecting the Commissioner of Income Tax&#039;s direction to refer the valuation to the Valuation Cell. The Tribunal also directed a re-examination of the inclusion of amounts due from S/Shri S.N. Chenoy and D.B. Mistry in the assessee&#039;s wealth for 1981-82 and 1982-83, emphasizing the need for consistency in assessments.</description>
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    <pubDate>Mon, 28 Nov 1988 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=66344</link>
      <description>The Tribunal upheld the Wealth Tax Officer&#039;s valuation of a property using the rent capitalization method for assessment years 1980-81, 1981-82, and 1982-83, rejecting the Commissioner of Income Tax&#039;s direction to refer the valuation to the Valuation Cell. The Tribunal also directed a re-examination of the inclusion of amounts due from S/Shri S.N. Chenoy and D.B. Mistry in the assessee&#039;s wealth for 1981-82 and 1982-83, emphasizing the need for consistency in assessments.</description>
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