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1986 (5) TMI 31 - SUPREME COURTWhether the value of the interest of the deceased in the said partnership would include the goodwill of the partnership firm? Held 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 CED v. Annaraj Mehta and Deoraj Mehta [1979 (3) TMI 47 - CALCUTTA High Court] Thus the question must, therefore, be answered in the affirmative and in favour of the Revenue. The appeal is, therefore, allowed.
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