Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2002 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2002 (10) TMI 47 - MADRAS HIGH COURT"Whether, on the facts and in the circumstances of the case, the Tribunal was right in law and had valid materials in holding, that the market value of the shares held by the assessee in a company in which the public are substantially interested and the shares of which are also quoted in a recognised stock exchange can be fixed at a rate lower than the rates quoted in the stock exchange ? - The question referred to us is, answered in negative in favour of the Revenue and against the assessee.
|