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1. Determination of coparcenary interest in joint family property for estate duty assessment. Analysis: The judgment by the High Court of Orissa dealt with the issue of determining the coparcenary interest in joint family property for estate duty assessment under the Estate Duty Act, 1953. In the first case, the deceased was a member of a Hindu undivided family, and the question was whether his coparcenary interest amounted to one-third share of the joint family property. The lower forums had considered the notional share of the deceased to be 1/2, while the Tribunal held that the joint family property should be divided into three equal shares, with each member entitled to 1/3rd share. The Tribunal's decision was based on the provisions of the Hindu Succession Act, 1956, which specified that the wife of the deceased, although not a coparcener, would be entitled to a share equal to that of a son in the event of a partition. Therefore, the Tribunal's decision was upheld by the High Court, affirming that the deceased, his wife, and son were entitled to 1/3rd share each in the joint family property. In another similar case before the Andhra Pradesh High Court, the issue was the determination of the net principal value of the estate of the deceased, specifically regarding the valuation of a residential house in the deceased's undivided family. The Tribunal in that case held that the deceased had only a 1/5th share in the undivided residential house, which was exempt under the Act, and therefore, the value of the entire house could not be included in the estate for assessment purposes. The remaining 4/5ths share belonged to other coparceners and was not part of the deceased's estate. The High Court, in agreement with the Tribunal's view, held that the value of the entire house should be excluded from the net principal value of the deceased's estate. In both cases, the High Courts affirmed the Tribunal's decisions, emphasizing the importance of considering the statutory provisions and principles of coparcenary rights in determining the share of joint family property attributable to the deceased for estate duty assessment. The judgments provided clarity on the entitlement of family members to specific shares in the joint family property and highlighted the significance of legal frameworks in such assessments.
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