https://www.taxtmi.com/circulars?id=9654 Exemption under the Estate Duty Act for a house owned by a firm is not available where the house is an asset of the firm and the deceased was a partner, because a partner does not have an interest in a specific item of the firm's immovable property; consequently the earlier circular permitting such exemption is withdrawn. en-us Tue, 10 Dec 1985 00:00:00 +0530 Wed, 08 Jun 2011 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9654 Exemption under the Estate Duty Act for a house owned by a firm is not available where the house is an asset of the firm and the deceased was a partner, because a partner does not have an interest in a specific item of the firm's immovable property; consequently the earlier circular permitting such exemption is withdrawn. Circulars Income Tax Tue, 10 Dec 1985 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9654