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1972 (10) TMI 32 - HC - Income TaxEstate Duty Act, 1953 - When, for the Wealth-tax Act, valuation of unquoted shares as on 31st March, 1967, has to be done in accordance with the Wealth-tax (Amendment) Rules, 1967, taking the last Published balance-sheet as on 31st December, 1966, as the basis, whether the Tribunal is right in placing the same value as on September 11, 1967, the date of the death of the deceased for the purpose of estate duty assessment resulting in non-consideration of other items not covered by the Wealth-tax Rules going into the determination of the value of shares for estate duty purposes ? " - When no matter of valuation of unquoted share was described under Estate Duty Act, whether the valuation can be made as per Wealth-tax Act
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