https://www.taxtmi.com/caselaws?id=71071 Rectification under section 61 of the Estate Duty Act, 1953 was not available to include Rs. 47,765 in the principal value of the estate because the deceased's interest in the housing property was itself debatable. The amount had been spent under a low-cost housing scheme under which the houses and land were to vest in the Board, so the deceased had no clear interest in the property for estate duty purposes. Since the alleged error was not an obvious or glaring mistake apparent from the record, rectification could not be sustained and the deletion was upheld in favour of the accountable person. en-us Thu, 07 May 1981 00:00:00 +0530 Thu, 21 Apr 2011 11:52:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71071 Rectification under section 61 of the Estate Duty Act, 1953 was not available to include Rs. 47,765 in the principal value of the estate because the deceased's interest in the housing property was itself debatable. The amount had been spent under a low-cost housing scheme under which the houses and land were to vest in the Board, so the deceased had no clear interest in the property for estate duty purposes. Since the alleged error was not an obvious or glaring mistake apparent from the record, rectification could not be sustained and the deletion was upheld in favour of the accountable person. Case-Laws Income Tax Thu, 07 May 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71071