https://www.taxtmi.com/caselaws?id=70747 The Tribunal dismissed the assessees' appeals regarding the taxability of amounts deposited under the Compulsory Deposit Scheme. However, the Tribunal ruled in favor of the assessees on the valuation of shares, instructing the use of Poona Stock Exchange quotations. Additionally, the Tribunal supported the assessees' method of accounting for tax liabilities in partnership concerns/A.O.Ps., allowing the use of the gross provision for taxation without reducing it by advance tax paid. en-us Tue, 28 Nov 1989 00:00:00 +0530 Tue, 19 Apr 2011 10:31:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70747 The Tribunal dismissed the assessees' appeals regarding the taxability of amounts deposited under the Compulsory Deposit Scheme. However, the Tribunal ruled in favor of the assessees on the valuation of shares, instructing the use of Poona Stock Exchange quotations. Additionally, the Tribunal supported the assessees' method of accounting for tax liabilities in partnership concerns/A.O.Ps., allowing the use of the gross provision for taxation without reducing it by advance tax paid. Case-Laws Wealth-tax Tue, 28 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70747