1989 (12) TMI 28 - HC - Wealth-tax

Summary

The High Court of Allahabad directed the Tribunal to refer questions of law regarding the determination of fair market value of assets in a wealth-tax case. The Tribunal was asked to consider specific questions related to the valuation method used by the Income-tax Appellate Tribunal. The application was allowed with no costs. (Case Citation: 1989 (12) TMI 28 - Allahabad High Court)