https://www.taxtmi.com/caselaws?id=59950 The appeal in this case, related to the estate of a deceased individual, focused on the valuation of unquoted shares of a private limited company. The Tribunal upheld the appellant's arguments regarding the treatment of advance tax and tax deducted at source in the valuation process. Additionally, the Tribunal corrected errors in the computation of the provision for taxation and excluded stray commission income from the valuation of goodwill in a firm. As a result, the appeal was allowed in part, providing a favorable decision for the appellant. en-us Wed, 16 May 1979 00:00:00 +0530 Mon, 03 Jan 2011 10:34:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59950 The appeal in this case, related to the estate of a deceased individual, focused on the valuation of unquoted shares of a private limited company. The Tribunal upheld the appellant's arguments regarding the treatment of advance tax and tax deducted at source in the valuation process. Additionally, the Tribunal corrected errors in the computation of the provision for taxation and excluded stray commission income from the valuation of goodwill in a firm. As a result, the appeal was allowed in part, providing a favorable decision for the appellant. Case-Laws Income Tax Wed, 16 May 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59950