1. ' K. SHIVASHANKAR BHAT, J.---The questions referred to us under section 27 of the Wealth Tax Act, 1957, read thus: "(1) Whether, on the facts and in the circumstances of the case, the Appellate Tribunal is right in law in confirming the orders of the first appellate authority who directed the Wealth Tax Officer to value the unquoted equity shares held by the assessee by adopting only the yield method?
(2) Whether, on the facts and in the circumstances of the case, the Appellate Tribunal is right in law in holding that rule 1-D of the Wealth Tax Rules, 1957, is not mandatory?"
2. ' These questions are to be answered in the affirmative and against the Revenue following the decision of this Court rendered in CWT v. S. Jindal (1992) 194 ITR 539.
3. ' Mr. Ramabhadran learned counsel is permitted to file his vakalath within a month from today.