https://www.taxtmi.com/caselaws?id=62374 A service agreement that creates a mandatory, quantified entitlement to compensation on death or permanent incapacity arising in the course of employment gives the employee an enforceable interest in property during life. Because the payment is fixed by contractual formula and payable to the heirs or legal representatives on the specified event, it is not a discretionary or gratuitous benefit. On that basis, the compensation forms part of the deceased employee's estate for estate duty purposes, and the contrary exclusion based on a discretionary-payment authority does not apply. en-us Sat, 05 Feb 1983 00:00:00 +0530 Wed, 19 Jan 2011 15:49:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62374 A service agreement that creates a mandatory, quantified entitlement to compensation on death or permanent incapacity arising in the course of employment gives the employee an enforceable interest in property during life. Because the payment is fixed by contractual formula and payable to the heirs or legal representatives on the specified event, it is not a discretionary or gratuitous benefit. On that basis, the compensation forms part of the deceased employee's estate for estate duty purposes, and the contrary exclusion based on a discretionary-payment authority does not apply. Case-Laws Income Tax Sat, 05 Feb 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62374