Certificate under section 74(3) now requires written full property value before issuance to prevent undervaluation. Certificates under section 74(3) of the Estate Duty Act (form ED-53) must be issued only after the issuing officer obtains a written submission of the full value of any mortgage, lease or sale of the immovable property; the amended ED-53 will include a column for the full value immediately after the property description, and cyclostyled copies may be used until printed forms are available.
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Provisions expressly mentioned in the judgment/order text.
Certificate under section 74(3) now requires written full property value before issuance to prevent undervaluation.
Certificates under section 74(3) of the Estate Duty Act (form ED-53) must be issued only after the issuing officer obtains a written submission of the full value of any mortgage, lease or sale of the immovable property; the amended ED-53 will include a column for the full value immediately after the property description, and cyclostyled copies may be used until printed forms are available.
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