https://www.taxtmi.com/caselaws?id=37488 Section 39 valuation of a deceased coparcener's interest under the Estate Duty Act operates independently of the residential-house exemption in section 33(1)(n). The notional partition fiction under section 39 is limited to determining the deceased's share in Mitakshara joint family property, so only that share in the house can qualify for exemption. The shares of lineal descendants in the coparcenary property, including the residential house, remain aggregable for rate purposes under section 34(1)(c) without reduction for section 33(1)(n). en-us Wed, 19 Jul 1978 00:00:00 +0530 Tue, 30 Mar 2010 11:32:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37488 Section 39 valuation of a deceased coparcener's interest under the Estate Duty Act operates independently of the residential-house exemption in section 33(1)(n). The notional partition fiction under section 39 is limited to determining the deceased's share in Mitakshara joint family property, so only that share in the house can qualify for exemption. The shares of lineal descendants in the coparcenary property, including the residential house, remain aggregable for rate purposes under section 34(1)(c) without reduction for section 33(1)(n). Case-Laws Income Tax Wed, 19 Jul 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37488