https://www.taxtmi.com/caselaws?id=37489 In a Hindu undivided family, exemption for a residential house under section 33(1)(n) of the Estate Duty Act, 1953 is confined to the deceased member's share that passes on death under sections 7 and 39. The exemption does not extend to the entire family house where it forms part of joint family property. For rate purposes, the interest of lineal descendants in joint family property is liable to aggregation under section 34, so the son's share may be included in computing the estate duty rate. The result is that only the deceased's notional share is protected, while the balance remains assessable for rate purposes. en-us Wed, 27 Mar 1974 00:00:00 +0530 Tue, 30 Mar 2010 11:34:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37489 In a Hindu undivided family, exemption for a residential house under section 33(1)(n) of the Estate Duty Act, 1953 is confined to the deceased member's share that passes on death under sections 7 and 39. The exemption does not extend to the entire family house where it forms part of joint family property. For rate purposes, the interest of lineal descendants in joint family property is liable to aggregation under section 34, so the son's share may be included in computing the estate duty rate. The result is that only the deceased's notional share is protected, while the balance remains assessable for rate purposes. Case-Laws Income Tax Wed, 27 Mar 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37489