https://www.taxtmi.com/caselaws?id=38446 Estate duty payable is not deductible in computing the net principal value of an estate because it is not a charge on the estate and cannot be treated as a deductible debt; the text states that this question was answered by following the binding view of the same HC. A Hindu wife's maintenance claim is also not deductible unless it has matured into a specific charge on identifiable property by decree, agreement, will, or similar instrument; absent such charge, and where succession and maintenance rules cannot operate cumulatively on the same estate, no deduction is allowed. The reference was thus answered for the revenue on both questions. en-us Wed, 23 Mar 1977 00:00:00 +0530 Tue, 06 Apr 2010 12:29:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38446 Estate duty payable is not deductible in computing the net principal value of an estate because it is not a charge on the estate and cannot be treated as a deductible debt; the text states that this question was answered by following the binding view of the same HC. A Hindu wife's maintenance claim is also not deductible unless it has matured into a specific charge on identifiable property by decree, agreement, will, or similar instrument; absent such charge, and where succession and maintenance rules cannot operate cumulatively on the same estate, no deduction is allowed. The reference was thus answered for the revenue on both questions. Case-Laws Income Tax Wed, 23 Mar 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38446