1968 (9) TMI 52 - HC - Income Tax

Summary

The High Court of Karnataka set aside a provisional estate duty assessment as the petitioner's account showed a value of Rs. 26,000, not Rs. 14,42,509 as determined by the Assistant Controller. The court ruled that the provisional assessment was not based on the correct account as required by the Estate Duty Act. No costs were awarded. (Case citation: 1968 (9) TMI 52 - KARNATAKA High Court)