Under this question, the appellants who are accountable persons claimed the following deductions under s. 48 of the Act Pound Sterling Death duty paid in U.K. 95,320.12 Interest paid on delayed payment of that duty 8,034.10 Interest and service charges paid to Lloyds Bank 1,078.25 Solicitors fee paid in London 4,855.55 This case relates to the assessment of the estate duty of the estate of late H. H. Rajkuverba Dowgar Maharani Saheb of Gondal who died on 14th October, 1968 leaving behind extensive properties both in England and in India.
of any reciprocating companyntry for the avoidance or relief of double taxation with respect to estate duty leviable under this Act and under the companyresponding law in force in the reciprocating companyntry and may, by numberification in the Official Gazette make such provision as may be necessary for implementing the agreement.
30, 48 and 49 may be reproduced as under The Central Government may enter into an agreement with the Govt.
4 as under Whether, on the facts and in the circumstances of the case, the Tribunal was justified in companyfirming the disallowance claimed by the accountable persons under s. 48 of the Act in respect of the death duty paid in U.K., interest paid on death duty in UK, interest payment to Lloyds Bank in U.K., and loss on devaluation ?
