https://www.taxtmi.com/caselaws?id=35734 An exemption for a deceased's share in a Hindu undivided family residential house under the chargeability provisions of the Estate Duty Act does not extend to aggregation under the rate-determining provision for lineal descendants' interests. The statutory exemption and the aggregation rule serve different purposes, so the full joint family property is included for rate purposes even where the deceased's share in the house is exempt. The document also notes that estate duty payable was deductible from the estate value, following binding precedent, and the reference was answered against the accountable person on both questions. en-us Thu, 13 Aug 1981 00:00:00 +0530 Tue, 16 Mar 2010 13:32:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35734 An exemption for a deceased's share in a Hindu undivided family residential house under the chargeability provisions of the Estate Duty Act does not extend to aggregation under the rate-determining provision for lineal descendants' interests. The statutory exemption and the aggregation rule serve different purposes, so the full joint family property is included for rate purposes even where the deceased's share in the house is exempt. The document also notes that estate duty payable was deductible from the estate value, following binding precedent, and the reference was answered against the accountable person on both questions. Case-Laws Income Tax Thu, 13 Aug 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35734