1990 (11) TMI 49

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....he Wealth-tax Act, 1957, to refer the following three questions of law for the opinion of this court : "1. Whether, on the facts and circumstances of the case, the Income-tax Appellate Tribunal was legally correct in directing the Assessing Officer to value the shares on yield basis ignoring the fact that, in these cases, the provisions of rule ID of the Wealth-tax Rules were clearly applicable ?....