https://www.taxtmi.com/caselaws?id=23627 For rebate under section 35(3) of the Estate Duty Act, 1953, the controlling threshold is the principal value of the estate passing on death, not the enlarged aggregate adopted only for rate purposes under section 34. The aggregation of lineal descendants' interest under section 34 does not affect the section 35(3) limit because the provision is directed to the principal value of the estate passing to the accountable person. On that basis, where the principal value did not exceed Rs. 2 lakhs, the rebate was available. en-us Mon, 13 Mar 1989 00:00:00 +0530 Tue, 22 Dec 2009 17:24:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23627 For rebate under section 35(3) of the Estate Duty Act, 1953, the controlling threshold is the principal value of the estate passing on death, not the enlarged aggregate adopted only for rate purposes under section 34. The aggregation of lineal descendants' interest under section 34 does not affect the section 35(3) limit because the provision is directed to the principal value of the estate passing to the accountable person. On that basis, where the principal value did not exceed Rs. 2 lakhs, the rebate was available. Case-Laws Income Tax Mon, 13 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23627