https://www.taxtmi.com/caselaws?id=39322 Estate duty assessment could proceed on the return filed by one accountable person because liability under the Act is joint and several and does not depend on impleading every legal heir. Gifts made within the relevant period were excludible only to the extent permitted for normal expenditure within the statutory ceiling, and the same allowance could not be claimed twice. Gold gifted before death had to be valued at the date of death and at the lawful controlled rate, not at a higher unlawful market rate. A later misdescription in the departmental appeal did not defeat maintainability. After prior partition, no fresh Hindu undivided family arose with the daughter-in-law and grandsons, and only half the refund amount was includible. en-us Thu, 11 Jul 1974 00:00:00 +0530 Mon, 20 Mar 2017 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39322 Estate duty assessment could proceed on the return filed by one accountable person because liability under the Act is joint and several and does not depend on impleading every legal heir. Gifts made within the relevant period were excludible only to the extent permitted for normal expenditure within the statutory ceiling, and the same allowance could not be claimed twice. Gold gifted before death had to be valued at the date of death and at the lawful controlled rate, not at a higher unlawful market rate. A later misdescription in the departmental appeal did not defeat maintainability. After prior partition, no fresh Hindu undivided family arose with the daughter-in-law and grandsons, and only half the refund amount was includible. Case-Laws Income Tax Thu, 11 Jul 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39322