https://www.taxtmi.com/caselaws?id=7801 Goodwill of a commission business was treated as property of an asset nature and, on the facts, the deceased's half share was includible in the dutiable estate. The assessed value was not shown to be erroneous and was not seriously disputed, so the Revenue's view was accepted. The challenge to estate duty computation under section 34(1)(c) of the Estate Duty Act, 1953, based on alleged inconsistency with article 14, could not be entertained before estate duty authorities; the case otherwise fell within that provision, so the computation was upheld. en-us Mon, 07 Jan 1980 00:00:00 +0530 Thu, 19 Mar 2009 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7801 Goodwill of a commission business was treated as property of an asset nature and, on the facts, the deceased's half share was includible in the dutiable estate. The assessed value was not shown to be erroneous and was not seriously disputed, so the Revenue's view was accepted. The challenge to estate duty computation under section 34(1)(c) of the Estate Duty Act, 1953, based on alleged inconsistency with article 14, could not be entertained before estate duty authorities; the case otherwise fell within that provision, so the computation was upheld. Case-Laws Income Tax Mon, 07 Jan 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7801