9911796707
TMI Blog1990 (7) TMI 50X X X X Extracts X X X X X X X X Extracts X X X X ..... the accountable person is asking this court to refer as many as five questions under section 64(3) of the Estate Duty Act, 1953. The questions are : "(1) Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in ignoring the pleas that the deceased had held the estate left to him in coparcenary capacity and that he was not the owner thereof in his individua ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... umstances of the case, the Tribunal was not bound to follow the procedure as laid down in section 63(6) of the Estate Duty Act when, in the grounds of appeal, the issue had been specifically raised that, the Department should have referred the valuation to another valuer against the approved valuer's report ? (4) Was the Tribunal justified in law in ignoring the market value of the land as estima ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to valuation of an agricultural asset. We are inclined to direct the reference of the said questions, but we think it proper to consolidate the three questions into one in the following terms : "Whether the Tribunal was justified in upholding the valuation of the agricultural land applying the principles contained in the Rules framed by the State Government for the purpose of the Stamp Act and re ..... X X X X Extracts X X X X X X X X Extracts X X X X
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