1990 (5) TMI 5

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....e petitioner seeks reference of the following two questions : "I. Whether the Income-tax Appellate Tribunal was correct in law and on facts in holding that the valuation of shares of Messrs. Indofil Chemicals Ltd. was to be made on yield basis and not in accordance with rule 1D of the Wealth-tax Rules, 1957 ? 2. Whether the Income-tax Appellate Tribunal was correct in law in holding that the....