https://www.taxtmi.com/caselaws?id=70391 The Tribunal directed assessing officers to modify valuations of land, buildings, and plant machinery based on deductions for limited marketability, obsolescence, and joint ownership. Departmental grounds for deductions were dismissed, while assessees' grounds for further deduction on obsolescence were allowed. Appeals regarding exclusion of assets due to overriding title were dismissed, upholding Commissioner (A)'s decisions. en-us Mon, 12 Jun 1989 00:00:00 +0530 Fri, 15 Apr 2011 18:41:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70391 The Tribunal directed assessing officers to modify valuations of land, buildings, and plant machinery based on deductions for limited marketability, obsolescence, and joint ownership. Departmental grounds for deductions were dismissed, while assessees' grounds for further deduction on obsolescence were allowed. Appeals regarding exclusion of assets due to overriding title were dismissed, upholding Commissioner (A)'s decisions. Case-Laws Wealth-tax Mon, 12 Jun 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70391