https://www.taxtmi.com/caselaws?id=60913 The Tribunal determined that the valuation of the cold storage should be done using the profit method, resulting in a valuation of Rs. 17,07,450 for the assessment year 1986-87. Additionally, the Tribunal directed the Assessing Officer to apply Schedule III of the Wealth-tax Act retrospectively, ensuring that the valuation does not fall below Rs. 12,51,926 as declared by the assessee. The appeal was allowed under these conditions. en-us Fri, 16 Jun 1995 00:00:00 +0530 Sat, 08 Jan 2011 15:17:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60913 The Tribunal determined that the valuation of the cold storage should be done using the profit method, resulting in a valuation of Rs. 17,07,450 for the assessment year 1986-87. Additionally, the Tribunal directed the Assessing Officer to apply Schedule III of the Wealth-tax Act retrospectively, ensuring that the valuation does not fall below Rs. 12,51,926 as declared by the assessee. The appeal was allowed under these conditions. Case-Laws Wealth-tax Fri, 16 Jun 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60913