https://www.taxtmi.com/caselaws?id=38238 Property exempt under section 33(1) of the Estate Duty Act is excluded from the charge itself and must be left out before valuing a Hindu undivided family estate under section 39; aggregation under section 34(1)(c) affects only the rate and does not enlarge the chargeable property. The exemption for a residential house under section 33(1)(n) is confined to the value of the interest that actually passes on death and cannot exceed that value, even if the statutory ceiling is higher. The reference was not answered on the incomplete valuation findings and was remitted to the Tribunal for fresh decision after rehearing. en-us Wed, 05 Oct 1977 00:00:00 +0530 Mon, 05 Apr 2010 11:23:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38238 Property exempt under section 33(1) of the Estate Duty Act is excluded from the charge itself and must be left out before valuing a Hindu undivided family estate under section 39; aggregation under section 34(1)(c) affects only the rate and does not enlarge the chargeable property. The exemption for a residential house under section 33(1)(n) is confined to the value of the interest that actually passes on death and cannot exceed that value, even if the statutory ceiling is higher. The reference was not answered on the incomplete valuation findings and was remitted to the Tribunal for fresh decision after rehearing. Case-Laws Income Tax Wed, 05 Oct 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38238