https://www.taxtmi.com/caselaws?id=19784 The court upheld the use of the rent capitalization method for valuing rented properties and emphasized considering the prevailing rate of interest for determining the multiplier. Ruling in favor of the assessee, the court upheld the multiplier of 12.50 applied by the Appellate Assistant Commissioner, citing relevant case law. en-us Thu, 14 Oct 1993 00:00:00 +0530 Mon, 09 Nov 2009 17:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19784 The court upheld the use of the rent capitalization method for valuing rented properties and emphasized considering the prevailing rate of interest for determining the multiplier. Ruling in favor of the assessee, the court upheld the multiplier of 12.50 applied by the Appellate Assistant Commissioner, citing relevant case law. Case-Laws Wealth-tax Thu, 14 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19784