https://www.taxtmi.com/caselaws?id=57128 Under the Estate Duty Act, 1953, estate duty payable on the deceased's estate is not deductible while computing the principal value of property passing on death under section 44, so the deduction claim fails. The Tribunal also held that the interest of lineal descendants in joint family property may be aggregated under section 34(1)(c) only for rate purposes; the provision was treated as valid and the challenge to aggregation failed. The aggregated share is used to fix the rate of duty and is not separately charged to estate duty. en-us Wed, 26 Mar 1980 00:00:00 +0530 Wed, 08 Dec 2010 15:30:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57128 Under the Estate Duty Act, 1953, estate duty payable on the deceased's estate is not deductible while computing the principal value of property passing on death under section 44, so the deduction claim fails. The Tribunal also held that the interest of lineal descendants in joint family property may be aggregated under section 34(1)(c) only for rate purposes; the provision was treated as valid and the challenge to aggregation failed. The aggregated share is used to fix the rate of duty and is not separately charged to estate duty. Case-Laws Income Tax Wed, 26 Mar 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57128