https://www.taxtmi.com/caselaws?id=61393 Where a residential house forming part of HUF property was wholly covered by the statutory exemption and valued below the ceiling, no part of that exempt property could be aggregated for rate purposes under the Estate Duty Act. The article also notes that a binding jurisdictional ruling upholding the validity of the aggregation provision governed the separate issue of a lineal descendant's share in ancestral property, and that a non-speaking dismissal of special leave did not amount to affirmation of that ruling. On that basis, aggregation of the descendant's share remained applicable. 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 Where a residential house forming part of HUF property was wholly covered by the statutory exemption and valued below the ceiling, no part of that exempt property could be aggregated for rate purposes under the Estate Duty Act. The article also notes that a binding jurisdictional ruling upholding the validity of the aggregation provision governed the separate issue of a lineal descendant's share in ancestral property, and that a non-speaking dismissal of special leave did not amount to affirmation of that ruling. On that basis, aggregation of the descendant's share remained applicable. Case-Laws Income Tax Fri, 26 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61393