https://www.taxtmi.com/caselaws?id=59951 The tribunal allowed both appeals in favor of the assessee, directing the Wealth Tax (WT) authorities to adjust the valuation of the assessee's share in the properties to Rs. 1,52,500 for the assessment years 1971-72 and 1972-73. The tribunal emphasized uniform valuation for co-sharers and rejected the higher valuation multiple applied by the authorities, considering the age and tenancy status of the properties. en-us Thu, 29 Nov 1979 00:00:00 +0530 Mon, 03 Jan 2011 10:36:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59951 The tribunal allowed both appeals in favor of the assessee, directing the Wealth Tax (WT) authorities to adjust the valuation of the assessee's share in the properties to Rs. 1,52,500 for the assessment years 1971-72 and 1972-73. The tribunal emphasized uniform valuation for co-sharers and rejected the higher valuation multiple applied by the authorities, considering the age and tenancy status of the properties. Case-Laws Wealth-tax Thu, 29 Nov 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59951