https://www.taxtmi.com/caselaws?id=64150 Estate duty aggregation under section 34(1)(c) applies to the share of a lineal descendant for rate purposes, determined under applicable Hindu coparcenary and succession rules. The wife of the lineal descendant is not a lineal descendant, so her share must be excluded and only her husband's remaining share may be aggregated. Where amounts disclosed under a voluntary disclosure scheme are included in the estate's valuation, the related income-tax and wealth-tax liabilities constitute deductible debts, subject to verification of the correct amounts. The resulting computation excludes the wife's share while allowing deduction of the corresponding tax liabilities. en-us Mon, 30 Nov 1981 00:00:00 +0530 Sat, 05 Feb 2011 11:12:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64150 Estate duty aggregation under section 34(1)(c) applies to the share of a lineal descendant for rate purposes, determined under applicable Hindu coparcenary and succession rules. The wife of the lineal descendant is not a lineal descendant, so her share must be excluded and only her husband's remaining share may be aggregated. Where amounts disclosed under a voluntary disclosure scheme are included in the estate's valuation, the related income-tax and wealth-tax liabilities constitute deductible debts, subject to verification of the correct amounts. The resulting computation excludes the wife's share while allowing deduction of the corresponding tax liabilities. Case-Laws Income Tax Mon, 30 Nov 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64150