https://www.taxtmi.com/caselaws?id=220107 The High Court partially allowed the appeal, setting aside the Tribunal's order regarding the valuation of shares and remanding the matter for reassessment by the Assessing Officer. The Court upheld findings on jurisdiction for assessment under Section 158BC and the validity of the assessment in Coimbatore. The Court also directed that the assessment of shares be limited to those in the names of the assessee and his wife, excluding shares in the names of other relatives. en-us Wed, 29 Aug 2012 00:00:00 +0530 Wed, 09 Jan 2013 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220107 The High Court partially allowed the appeal, setting aside the Tribunal's order regarding the valuation of shares and remanding the matter for reassessment by the Assessing Officer. The Court upheld findings on jurisdiction for assessment under Section 158BC and the validity of the assessment in Coimbatore. The Court also directed that the assessment of shares be limited to those in the names of the assessee and his wife, excluding shares in the names of other relatives. Case-Laws Income Tax Wed, 29 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220107