https://www.taxtmi.com/caselaws?id=60750 The Tribunal upheld the Appellate Authority's decision to value unquoted shares using the yield method, supported by legal precedents and expert opinions, rather than solely relying on Wealth Tax Rules. The Tribunal emphasized the significance of considering profit-earning capacity and relevant factors in valuation, dismissing Revenue's appeals and affirming the AAC's valuation approach based on established legal principles and precedents. en-us Mon, 27 Feb 1984 00:00:00 +0530 Fri, 07 Jan 2011 18:38:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60750 The Tribunal upheld the Appellate Authority's decision to value unquoted shares using the yield method, supported by legal precedents and expert opinions, rather than solely relying on Wealth Tax Rules. The Tribunal emphasized the significance of considering profit-earning capacity and relevant factors in valuation, dismissing Revenue's appeals and affirming the AAC's valuation approach based on established legal principles and precedents. Case-Laws Wealth-tax Mon, 27 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60750