https://www.taxtmi.com/caselaws?id=58254 The Tribunal upheld the Commissioner (Appeals)'s decisions on the valuation of immovable properties, compensation for properties acquired by the Government, and deduction for non-existent assets. It ruled against double assessment of properties in possession of the court receiver and favored the capitalization of income method over the land and building method for valuation. The Tribunal also supported the use of actual sales prices for property valuation and slightly adjusted the valuation of compensation received from the Government for acquired land. en-us Fri, 29 Jun 1984 00:00:00 +0530 Sat, 18 Dec 2010 11:43:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58254 The Tribunal upheld the Commissioner (Appeals)'s decisions on the valuation of immovable properties, compensation for properties acquired by the Government, and deduction for non-existent assets. It ruled against double assessment of properties in possession of the court receiver and favored the capitalization of income method over the land and building method for valuation. The Tribunal also supported the use of actual sales prices for property valuation and slightly adjusted the valuation of compensation received from the Government for acquired land. Case-Laws Wealth-tax Fri, 29 Jun 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58254