https://www.taxtmi.com/caselaws?id=40147 Under the Estate Duty Act, 1953, estate duty arising on death was not deductible in computing the net principal value of the estate because deductions under section 44 are confined mainly to debts and encumbrances existing before death; the statutory first charge under section 74 did not convert that liability into a deductible item. The claimed amount linked to the deceased's wife's maintenance was also not deductible, as there was no material showing an enforceable debt or encumbrance against the estate. The Revenue's position was sustained on both issues. en-us Fri, 15 Feb 1991 00:00:00 +0530 Tue, 10 Mar 2015 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40147 Under the Estate Duty Act, 1953, estate duty arising on death was not deductible in computing the net principal value of the estate because deductions under section 44 are confined mainly to debts and encumbrances existing before death; the statutory first charge under section 74 did not convert that liability into a deductible item. The claimed amount linked to the deceased's wife's maintenance was also not deductible, as there was no material showing an enforceable debt or encumbrance against the estate. The Revenue's position was sustained on both issues. Case-Laws Indian Laws Fri, 15 Feb 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40147