Section 35(3)(b) in Estate Duty act, 1953

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Union of India - Subsection

Section 35(3)(b) in Estate Duty act, 1953

(b)in the case of an estate which consists in part only of agricultural land, a sum representing one-fourth of the estate duty payable on that part of the estate which consists of agricultural land, the duty on such part being a sum which bears to the total amount of estate duty the same proportion as the value of the agricultural land bears to the value of the estate.

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Union of India - Subsection

Section 35(3)(b) in Estate Duty act, 1953