https://www.taxtmi.com/caselaws?id=16921 A binding administrative instruction on estate duty required summary assessment on the returned principal value where the prescribed limit was not exceeded, and permitted departure only in special cases with prior approval when Revenue detriment was shown. The Assessing Officer ignored that instruction and relied on a valuation cell report instead of the returned valuation. The assessment was therefore unsustainable to that extent, and estate duty had to be levied on the valuation returned by the accountable person rather than on any other basis. en-us Thu, 24 Apr 1997 00:00:00 +0530 Mon, 14 Sep 2009 11:11:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16921 A binding administrative instruction on estate duty required summary assessment on the returned principal value where the prescribed limit was not exceeded, and permitted departure only in special cases with prior approval when Revenue detriment was shown. The Assessing Officer ignored that instruction and relied on a valuation cell report instead of the returned valuation. The assessment was therefore unsustainable to that extent, and estate duty had to be levied on the valuation returned by the accountable person rather than on any other basis. Case-Laws Income Tax Thu, 24 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16921