Controller Of Estate Duty Gujarat-I, ... vs Mrudula Nareshchandra on 9 May, 1986
In the aforesaid view of the matter, we are of the
opinion that the share of the deceased in the partnership
did not evaporate or disappear. It went together with the
other assets and should be valued in the manner contemplated
under rule 7(c) of the Estate Duty Rules as indicated in the
judgment of the High Court of Calcutta in Controller of
Estate Duty, West Bengal v. Annaraj Mehta and Deoraj Mehta
(supra) .