https://www.taxtmi.com/caselaws?id=59055 The ITAT upheld the decisions made by the CWT(A) in the case involving valuation of closing stock, method for valuing unquoted equity shares, and the inclusion of Compulsory Deposit under net wealth for the assessment year 1980-81. The ITAT dismissed appeals by both parties, maintaining the valuation shown in the balance sheet for closing stock, directing the use of yield capitalization method for valuing unquoted equity shares, and pending a final decision by the High Court on the inclusion of Compulsory Deposit under net wealth. en-us Fri, 23 Jan 1987 00:00:00 +0530 Thu, 23 Dec 2010 17:09:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59055 The ITAT upheld the decisions made by the CWT(A) in the case involving valuation of closing stock, method for valuing unquoted equity shares, and the inclusion of Compulsory Deposit under net wealth for the assessment year 1980-81. The ITAT dismissed appeals by both parties, maintaining the valuation shown in the balance sheet for closing stock, directing the use of yield capitalization method for valuing unquoted equity shares, and pending a final decision by the High Court on the inclusion of Compulsory Deposit under net wealth. Case-Laws Wealth-tax Fri, 23 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59055