https://www.taxtmi.com/caselaws?id=65994 Section 46 of the Estate Duty Act applies only where there is a sufficient nexus between the debt or repayment and property derived from the deceased. Gifted property in the creditors' hands is not enough by itself; the relevant consideration must be property derived from the deceased, and any abatement is limited to that part only. On the facts, the advances to the deceased were sourced mainly from the donees' own resources and money-lending activity, with no real connection to the settled agricultural lands, and the repayments likewise lacked the required link. The additions under section 46 were therefore unsustainable and the deletion was upheld. en-us Tue, 21 Aug 1984 00:00:00 +0530 Sat, 19 Feb 2011 17:06:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65994 Section 46 of the Estate Duty Act applies only where there is a sufficient nexus between the debt or repayment and property derived from the deceased. Gifted property in the creditors' hands is not enough by itself; the relevant consideration must be property derived from the deceased, and any abatement is limited to that part only. On the facts, the advances to the deceased were sourced mainly from the donees' own resources and money-lending activity, with no real connection to the settled agricultural lands, and the repayments likewise lacked the required link. The additions under section 46 were therefore unsustainable and the deletion was upheld. Case-Laws Income Tax Tue, 21 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65994