1991 (11) TMI 4

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....f the Gift-tax Act, 1958 (" the G. T. Act "), by the Commissioner of Gift-tax, Vidarbha, Nagpur, seeking a reference on the following question, said to be of law : " Whether, on the facts and in the circumstances of the case, the learned Income-tax Appellate Tribunal was right in holding that the valuation of unquoted equity shares be made on the basis of the yield method and not on the basis o....