https://www.taxtmi.com/caselaws?id=70482 The Tribunal directed that the value of each share in Abhirami Cotton Mills (P.) Ltd. should be computed using the break-up value method prescribed under rule 1D, with a normal discount of 15% and an additional discount of 25% for the restrictive conditions. All the appeals were treated as allowed in part, with the Wealth Tax Officer instructed to recompute the value of the shares in accordance with the Tribunal's directions. en-us Wed, 25 Jun 1986 00:00:00 +0530 Sat, 16 Apr 2011 14:03:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70482 The Tribunal directed that the value of each share in Abhirami Cotton Mills (P.) Ltd. should be computed using the break-up value method prescribed under rule 1D, with a normal discount of 15% and an additional discount of 25% for the restrictive conditions. All the appeals were treated as allowed in part, with the Wealth Tax Officer instructed to recompute the value of the shares in accordance with the Tribunal's directions. Case-Laws Wealth-tax Wed, 25 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70482