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1988 (8) TMI 5 - HC - Income TaxExtract: .......ught before this court. On the facts of this case, we answer the question in this reference by saying that the method of valuation prescribed under rule 1D of the Wealth-tax Rules, 1957, is to be applied for valuation of unquoted shares held by the deceased for the purpose of estate duty. There will be no order as to costs. K. M. YUSUF J. -I agree.
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