https://www.taxtmi.com/caselaws?id=58346 The Tribunal held that the fair market value of goodwill at the time of death should be included in the estate duty calculation, rejecting the argument to limit its value to Rs. 50,000 based on the partnership deed provisions. The Tribunal emphasized the importance of considering market value for estate duty purposes and dismissed the appeal, upholding the inclusion of the entire value of goodwill in the estate duty calculation. en-us Mon, 23 Sep 1985 00:00:00 +0530 Sat, 18 Dec 2010 15:54:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58346 The Tribunal held that the fair market value of goodwill at the time of death should be included in the estate duty calculation, rejecting the argument to limit its value to Rs. 50,000 based on the partnership deed provisions. The Tribunal emphasized the importance of considering market value for estate duty purposes and dismissed the appeal, upholding the inclusion of the entire value of goodwill in the estate duty calculation. Case-Laws Income Tax Mon, 23 Sep 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58346