1989 (7) TMI 65

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..... : "1. Whether the Appellate Tribunal was correct in law in holding that the estate duty chargeable under section 5 of the Estate Duty Act, 1953, was not deductible in computing the principal value of the property passing on the death of the deceased ? 2. Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was correct in holding that the value of the interest of t .....

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..... [1981] 127 ITR 642 (All) and Badri Vishal Tandon's case [1976] 103 ITR 468 (All) have rightly been decided, we do not consider it a fit case for making a reference to a larger Bench. So far as question No. 2 is concerned, to that also the same line of argument applies. The reference is decided against the assessee. The first question is answered in favour of the Department and against the assess .....

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