https://www.taxtmi.com/caselaws?id=18701 The High Court remanded the case to the Tribunal for fresh disposal due to ambiguity in determining whether the company qualified as an investment company. The Tribunal was instructed to clarify the company's status before deciding on the valuation method for unquoted equity shares under the Wealth-tax Act, emphasizing the significance of accurate classification for proper valuation. en-us Mon, 16 Nov 1992 00:00:00 +0530 Sat, 31 Oct 2009 13:53:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18701 The High Court remanded the case to the Tribunal for fresh disposal due to ambiguity in determining whether the company qualified as an investment company. The Tribunal was instructed to clarify the company's status before deciding on the valuation method for unquoted equity shares under the Wealth-tax Act, emphasizing the significance of accurate classification for proper valuation. Case-Laws Wealth-tax Mon, 16 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18701