https://www.taxtmi.com/caselaws?id=24902 For estate duty valuation under the Estate Duty Act, 1953, a deceased Hindu undivided family member's interest must be computed on the basis of a notional partition immediately before death. Applying that fiction, all persons entitled to a share on partition must be counted. Because the Hindu Succession Act, 1956 gives the wife a share equal to that of a son on partition between husband and sons, the joint family property had to be divided into three equal shares. The deceased's interest was therefore correctly assessed at one-third, and the assessee succeeded. en-us Fri, 19 Feb 1988 00:00:00 +0530 Sat, 23 Jan 2010 11:16:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24902 For estate duty valuation under the Estate Duty Act, 1953, a deceased Hindu undivided family member's interest must be computed on the basis of a notional partition immediately before death. Applying that fiction, all persons entitled to a share on partition must be counted. Because the Hindu Succession Act, 1956 gives the wife a share equal to that of a son on partition between husband and sons, the joint family property had to be divided into three equal shares. The deceased's interest was therefore correctly assessed at one-third, and the assessee succeeded. Case-Laws Income Tax Fri, 19 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24902