1992 (2) TMI 53

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..... offered by the petitioner in settlement of his tax liability and, by the latter, it fixed Rs. 130 as the value of a share in the event of a decision to accept shares in lieu of tax liability. The petitioner is the accountable person in whose hands the estate of the deceased person is sought to be assessed to estate duty. The estate was valued at Rs. 13,16,025 and the duty payable was assessed a .....

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..... there was prolonged correspondence. To cut a long story short, by exhibit P-26, the third respondent informed the petitioner that the shares could be accepted, if at all, fixing the value of a share at Rs. 130. Counsel for petitioner submitted, and fairly too, that the Central Government or the Controller of Estate Duty cannot be compelled, by mandamus, to accept transfer of property. According .....

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