Estate Duty-Scope of Sec.33(1)(f) and Rule 31-A.

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....ation where the assured has not deposited the policy with the Controller within the three months period stipulated in Rule-31-A; (ii) Whether the money payable in respect of a policy will be exempt under section 33(1)(f) of the Estate Duty Act, 1953 if the policy of insurance assigned for the payment of Estate Duty is forwarded to the Controller of Estate Duty beyond the stipulated period of thre....