https://www.taxtmi.com/caselaws?id=61376 The Tribunal partly allowed the appeals, directing for fresh determinations on the addition of credit balance in the account of Smt. Swaran Kumari Sharma due to incomplete consideration of creditor statements. The valuation of machinery for wealth tax purposes was upheld, with a directive to reconsider the valuation of bardana. The deduction under s. 5(1)(iv) for factory building blocks was restored, emphasizing the building should be considered as a single unit. Overall, the Tribunal provided detailed analysis and guidance on legal interpretations for the issues raised in the case. en-us Tue, 30 Sep 1986 00:00:00 +0530 Wed, 12 Jan 2011 14:15:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61376 The Tribunal partly allowed the appeals, directing for fresh determinations on the addition of credit balance in the account of Smt. Swaran Kumari Sharma due to incomplete consideration of creditor statements. The valuation of machinery for wealth tax purposes was upheld, with a directive to reconsider the valuation of bardana. The deduction under s. 5(1)(iv) for factory building blocks was restored, emphasizing the building should be considered as a single unit. Overall, the Tribunal provided detailed analysis and guidance on legal interpretations for the issues raised in the case. Case-Laws Wealth-tax Tue, 30 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61376