1988 (2) TMI 56 - HC - Income Tax

Summary

The petitioners challenged an order of the Appellate Tribunal regarding estate duty. The court held that the new section 5(c) of the Estate Duty Act did not apply to the petitioners' case as their father had died before March 16, 1985. The court dismissed the writ petition, stating that the petitioners had an alternative remedy by filing a reference application under section 64(1) of the Estate Duty Act.