https://www.taxtmi.com/caselaws?id=10900 A special valuation provision for a residential house under section 36(3) of the Estate Duty Act prevails over the general valuation power under section 36(1) and rule 14 of the Estate Duty Rules, so the house had to be valued in accordance with rule 1BB of the Wealth-tax Rules where it had been so valued immediately before death. An amount treated as a general, unsecured debt and not as a charge on the house was deductible against the estate as a whole, not confined to that property alone. Both issues were answered in favour of the accountable person and against the Revenue. en-us Wed, 04 Feb 2004 00:00:00 +0530 Mon, 27 Jul 2009 16:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10900 A special valuation provision for a residential house under section 36(3) of the Estate Duty Act prevails over the general valuation power under section 36(1) and rule 14 of the Estate Duty Rules, so the house had to be valued in accordance with rule 1BB of the Wealth-tax Rules where it had been so valued immediately before death. An amount treated as a general, unsecured debt and not as a charge on the house was deductible against the estate as a whole, not confined to that property alone. Both issues were answered in favour of the accountable person and against the Revenue. Case-Laws Income Tax Wed, 04 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10900