https://www.taxtmi.com/caselaws?id=67896 A fair opportunity must be given to substantiate debt deductions from the estate, and the assessment was required to be reconsidered because the claimed liabilities had not been properly examined. Section 36(3) of the Estate Duty Act, 1953, being a procedural valuation provision, was held applicable to pending proceedings even though the death occurred before its effective date. The assessee therefore succeeded on both the denial of opportunity and the applicability of the amended valuation rule, and the matter was remitted for fresh consideration in accordance with law. en-us Fri, 14 Dec 1984 00:00:00 +0530 Tue, 15 Mar 2011 12:06:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67896 A fair opportunity must be given to substantiate debt deductions from the estate, and the assessment was required to be reconsidered because the claimed liabilities had not been properly examined. Section 36(3) of the Estate Duty Act, 1953, being a procedural valuation provision, was held applicable to pending proceedings even though the death occurred before its effective date. The assessee therefore succeeded on both the denial of opportunity and the applicability of the amended valuation rule, and the matter was remitted for fresh consideration in accordance with law. Case-Laws Income Tax Fri, 14 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67896