https://www.taxtmi.com/caselaws?id=60458 The appeals for the assessment years 1964-65 to 1967-68 were allowed in full, while the appeals for the assessment years 1968-69 to 1974-75 were allowed in part. The valuation of the property situated at B-34, Greater Kailash, New Delhi, was to be computed using rule 1BB of the Wealth-tax Rules, 1957, with a directive to adopt the returned figure if it exceeds the computed value. The exemption claim for shares in an industrial undertaking under clause (xx) of sub-section (1) of section 5 of the Wealth-tax Act, 1957, was denied due to the company not meeting the criteria of clause (d) of section 45. en-us Sat, 04 Sep 1982 00:00:00 +0530 Wed, 05 Jan 2011 13:46:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60458 The appeals for the assessment years 1964-65 to 1967-68 were allowed in full, while the appeals for the assessment years 1968-69 to 1974-75 were allowed in part. The valuation of the property situated at B-34, Greater Kailash, New Delhi, was to be computed using rule 1BB of the Wealth-tax Rules, 1957, with a directive to adopt the returned figure if it exceeds the computed value. The exemption claim for shares in an industrial undertaking under clause (xx) of sub-section (1) of section 5 of the Wealth-tax Act, 1957, was denied due to the company not meeting the criteria of clause (d) of section 45. Case-Laws Wealth-tax Sat, 04 Sep 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60458