https://www.taxtmi.com/caselaws?id=70416 The Tribunal upheld the inclusion of the deceased partner's share in the firm's goodwill for estate duty, as the retiring partner retained rights to the goodwill unless expressly extinguished. Additionally, the revaluation of the closing stock at market price upon the partner's retirement was deemed justified, following established legal precedents. The Tribunal dismissed the appeal, affirming both decisions regarding the estate duty calculation. en-us Mon, 15 Apr 1991 00:00:00 +0530 Sat, 16 Apr 2011 10:26:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70416 The Tribunal upheld the inclusion of the deceased partner's share in the firm's goodwill for estate duty, as the retiring partner retained rights to the goodwill unless expressly extinguished. Additionally, the revaluation of the closing stock at market price upon the partner's retirement was deemed justified, following established legal precedents. The Tribunal dismissed the appeal, affirming both decisions regarding the estate duty calculation. Case-Laws Income Tax Mon, 15 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70416