https://www.taxtmi.com/caselaws?id=70279 The Tribunal determined that the income capitalization method is the most suitable for valuing Hotel Alankar, fixing its value at Rs. 13 lakhs for the assessment years 1983-84 and 1984-85. Adjustments were made for interest on working capital and deductions for owner's risk and entrepreneurship. The Commissioner(A)'s disallowance of certain expenses was deemed incorrect, with the Tribunal emphasizing the need for these deductions. As a result, the assessee's appeals were partly allowed, while the Department's appeals were dismissed. en-us Fri, 12 Jul 1991 00:00:00 +0530 Fri, 15 Apr 2011 12:08:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70279 The Tribunal determined that the income capitalization method is the most suitable for valuing Hotel Alankar, fixing its value at Rs. 13 lakhs for the assessment years 1983-84 and 1984-85. Adjustments were made for interest on working capital and deductions for owner's risk and entrepreneurship. The Commissioner(A)'s disallowance of certain expenses was deemed incorrect, with the Tribunal emphasizing the need for these deductions. As a result, the assessee's appeals were partly allowed, while the Department's appeals were dismissed. Case-Laws Wealth-tax Fri, 12 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70279