https://www.taxtmi.com/caselaws?id=59174 Accrued commission for services rendered was treated as property in praesenti for estate duty purposes and was includible in the estate, even though quantification and payment were deferred. The deceased's interest in the properties of the smaller and bigger Hindu undivided families was held to pass in full, because he was the sole surviving coparcener and the wife and daughter had no independent right to demand partition. On valuation of equity shares, depreciation caused by the death itself had to be considered under the valuation provision, and the issue was remitted for fresh consideration with an opportunity to adduce material. en-us Mon, 22 Jul 1985 00:00:00 +0530 Sat, 25 Dec 2010 13:38:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59174 Accrued commission for services rendered was treated as property in praesenti for estate duty purposes and was includible in the estate, even though quantification and payment were deferred. The deceased's interest in the properties of the smaller and bigger Hindu undivided families was held to pass in full, because he was the sole surviving coparcener and the wife and daughter had no independent right to demand partition. On valuation of equity shares, depreciation caused by the death itself had to be considered under the valuation provision, and the issue was remitted for fresh consideration with an opportunity to adduce material. Case-Laws Income Tax Mon, 22 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59174