https://www.taxtmi.com/caselaws?id=70635 Estate duty computation turns on whether liabilities, deductions and exclusions are legally referable to the deceased at death or fall within a specific statutory allowance. Estate duty payable on the estate itself was treated as a post-death liability and not a deductible debt; income-tax refunds were includible as assets of the deceased, while commission and medical reimbursement required factual verification. A gift to a nephew did not qualify for exemption, but a recurring temple contribution was treated as excluded under the charitable gift provision. Borrowings linked to relinquished property attracted the debt restriction, subject to adjustment for prior gift-tax payment. Further deduction for marriage provision for unmarried daughters was disallowed, and interest under the estate duty provisions was held appealable with the rate linked to share yield, not face value. en-us Wed, 12 Dec 1990 00:00:00 +0530 Mon, 18 Apr 2011 12:19:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70635 Estate duty computation turns on whether liabilities, deductions and exclusions are legally referable to the deceased at death or fall within a specific statutory allowance. Estate duty payable on the estate itself was treated as a post-death liability and not a deductible debt; income-tax refunds were includible as assets of the deceased, while commission and medical reimbursement required factual verification. A gift to a nephew did not qualify for exemption, but a recurring temple contribution was treated as excluded under the charitable gift provision. Borrowings linked to relinquished property attracted the debt restriction, subject to adjustment for prior gift-tax payment. Further deduction for marriage provision for unmarried daughters was disallowed, and interest under the estate duty provisions was held appealable with the rate linked to share yield, not face value. Case-Laws Income Tax Wed, 12 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70635