Payment of Estate Duty demand to be postponed.

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Full Text of the Document

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....70(1) of the Estate Duty Act, 1953, the Controller may allow payment of Estate Duty demand to be postponed for such period, to such extent, and on payment of such interest not exceeding four per cent or any higher interest yielded by the property, and on such other terms as he may think fit. There is, thus no general provision for charging interest for the period during which the Estate Duty deman....