https://www.taxtmi.com/caselaws?id=28997 Section 47 of the Estate Duty Act, 1953 was construed as operating in two parts: the first limits allowance of debts due to persons resident outside India against foreign property, while the latter part allows repayment or adjustment of estate duty without importing the domicile restriction found earlier in the section. The expression "repayment of estate duty" was treated as a computation mechanism, not as requiring prior payment followed by a separate refund claim. On the stated facts, where foreign debts exceeded foreign assets, the deficit was to be given effect in calculating the estate duty liability. en-us Thu, 17 Sep 1981 00:00:00 +0530 Wed, 10 Mar 2010 10:43:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28997 Section 47 of the Estate Duty Act, 1953 was construed as operating in two parts: the first limits allowance of debts due to persons resident outside India against foreign property, while the latter part allows repayment or adjustment of estate duty without importing the domicile restriction found earlier in the section. The expression "repayment of estate duty" was treated as a computation mechanism, not as requiring prior payment followed by a separate refund claim. On the stated facts, where foreign debts exceeded foreign assets, the deficit was to be given effect in calculating the estate duty liability. Case-Laws Income Tax Thu, 17 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28997