https://www.taxtmi.com/caselaws?id=61393 Residential HUF property occupied by the deceased was fully exempt from estate duty where its value fell within the statutory ceiling. Because the exemption covered the entire house, no part of its value could be aggregated for rate purposes. Separately, the lineal descendant's share in ancestral property remained subject to aggregation for rate purposes under the applicable provision, following a binding High Court ruling upholding that provision's validity. Dismissal of a special leave petition without reasons did not affirm or alter the High Court's reasoning. The residential-house exemption was sustained, while aggregation of the lineal descendant's share was restored. en-us Fri, 26 Dec 1986 00:00:00 +0530 Wed, 12 Jan 2011 15:04:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61393 Residential HUF property occupied by the deceased was fully exempt from estate duty where its value fell within the statutory ceiling. Because the exemption covered the entire house, no part of its value could be aggregated for rate purposes. Separately, the lineal descendant's share in ancestral property remained subject to aggregation for rate purposes under the applicable provision, following a binding High Court ruling upholding that provision's validity. Dismissal of a special leave petition without reasons did not affirm or alter the High Court's reasoning. The residential-house exemption was sustained, while aggregation of the lineal descendant's share was restored. Case-Laws Income Tax Fri, 26 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61393