Question: The decedent devised to his son a 1,000 square meter lot in Global City, Taguig with the following valuation: Fair value as determined by the

The decedent devised to his son a 1,000 square meter lot in Global City, Taguig with the following valuation: Fair value as determined by the city assessors, P20k/sq m; Zonal value as determined by the CIR, P17M; FV determined by independent assessors, P18.5M. The amount to be included in the gross estate is?

a.P10M

b.P20M

c.P18.5M

d.P17M

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