https://www.taxtmi.com/caselaws?id=152795 Rectification of an estate duty assessment was unavailable where the claim fell outside the unamended three-year period counted from the first determination of duty, the relevant valuation had already been appealed, and the application was framed as a refund claim rather than a proper rectification request. The later amendment enlarging the rectification period was held to be substantive, not declaratory, and therefore operated only prospectively from 1 July 1960; it could not revive earlier assessments. Section 50 was also read as referring to probate duty actually paid, not merely payable. On these statutory conditions, the rectification and refund claim failed. en-us Thu, 09 Jul 1964 00:00:00 +0530 Thu, 11 Jul 2013 10:33:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152795 Rectification of an estate duty assessment was unavailable where the claim fell outside the unamended three-year period counted from the first determination of duty, the relevant valuation had already been appealed, and the application was framed as a refund claim rather than a proper rectification request. The later amendment enlarging the rectification period was held to be substantive, not declaratory, and therefore operated only prospectively from 1 July 1960; it could not revive earlier assessments. Section 50 was also read as referring to probate duty actually paid, not merely payable. On these statutory conditions, the rectification and refund claim failed. Case-Laws Income Tax Thu, 09 Jul 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152795