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2002 (11) TMI 67 - HC - Wealth-tax"1. Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in treating the shares of Pondicherry Papers Ltd., as unquoted on the valuation date relevant for the assessment year 1985-86? - 2. Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in directing that the shares of the aforesaid company must be valued on yield basis when the assessee himself had sold 15,000 shares of the said company on April 10, 1984, at the rate of Rs. 10 per share as against the quoted value of Rs. 10.75 per share?" - we are not answering both the questions of law referred to us out we remit the matter to the Appellate Tribunal to consider the matter afresh. It is also open to the Tribunal to remit the matter to the assessing authority for fresh consideration to determine the value of the shares.
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