https://www.taxtmi.com/caselaws?id=67013 For wealth-tax valuation of a property under construction, with the completed portion let out, the capitalisation multiple adopted by the lower authority was found to be excessive on the facts and material on record. The multiple of 16.178 was therefore reduced to 12.5, and the valuation relief was to be worked out accordingly in favour of the assessee. Grounds not pressed were not examined. en-us Fri, 18 Dec 1981 00:00:00 +0530 Tue, 08 Mar 2011 17:32:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67013 For wealth-tax valuation of a property under construction, with the completed portion let out, the capitalisation multiple adopted by the lower authority was found to be excessive on the facts and material on record. The multiple of 16.178 was therefore reduced to 12.5, and the valuation relief was to be worked out accordingly in favour of the assessee. Grounds not pressed were not examined. Case-Laws Wealth-tax Fri, 18 Dec 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67013