https://www.taxtmi.com/caselaws?id=22386 Estate duty payable on a deceased person's estate was held not deductible while computing the principal value of the estate. The Bombay HC followed binding precedent on the issue and rejected the claim that the estate duty liability could be reduced from the estate valuation. The deduction was therefore disallowed, with the issue decided against the accountable person and in favour of the Revenue. en-us Tue, 19 Mar 1991 00:00:00 +0530 Wed, 09 Dec 2009 16:10:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22386 Estate duty payable on a deceased person's estate was held not deductible while computing the principal value of the estate. The Bombay HC followed binding precedent on the issue and rejected the claim that the estate duty liability could be reduced from the estate valuation. The deduction was therefore disallowed, with the issue decided against the accountable person and in favour of the Revenue. Case-Laws Income Tax Tue, 19 Mar 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22386