https://www.taxtmi.com/caselaws?id=8369 Agricultural land in Pepsu was exempt from estate duty, but the Estate Duty Act required it to be aggregated with other property for fixing the principal value and the applicable rate. Section 5 imposed duty only on property chargeable on death, while Sections 34 and 35 required inclusion of all property passing on death, including exempt agricultural land in a State not specified in the First Schedule, for rate computation under the Second Schedule. The legal effect was that the exempt land was not directly taxable, but it lawfully increased the rate applied to the dutiable estate. en-us Mon, 12 Jul 1971 00:00:00 +0530 Fri, 10 Apr 2009 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8369 Agricultural land in Pepsu was exempt from estate duty, but the Estate Duty Act required it to be aggregated with other property for fixing the principal value and the applicable rate. Section 5 imposed duty only on property chargeable on death, while Sections 34 and 35 required inclusion of all property passing on death, including exempt agricultural land in a State not specified in the First Schedule, for rate computation under the Second Schedule. The legal effect was that the exempt land was not directly taxable, but it lawfully increased the rate applied to the dutiable estate. Case-Laws Income Tax Mon, 12 Jul 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8369