1982 (4) TMI 108 - AT - Wealth-tax

Summary

The Appellate Tribunal ITAT CALCUTTA ruled that the AAC was not justified in adopting a multiplier of 14 for the property at 16, Phears Lane, and 12 for the property at 14, Phears Lane, in a tax appeal case. The Tribunal found a multiplier of 12 reasonable for both properties and directed accordingly. The appeals were partly allowed. (Case: 1982 (4) TMI 108 - ITAT CALCUTTA)