https://www.taxtmi.com/caselaws?id=66743 A settled agricultural property was treated as outside the deceased's estate under the Estate Duty Act because the donees had long possessed and enjoyed it as owners. The settlement deed reserved life interest to the settlor, but the evidence of continuous possession, payment of land revenue, further gifts made from the land, affidavits, and village records showed that title had already matured in the donees by adverse possession before death. The settlor's life interest was therefore extinguished, she had no beneficial interest for more than two years before death, and no property passed on death to attract estate duty. en-us Sat, 24 Oct 1981 00:00:00 +0530 Mon, 07 Mar 2011 10:26:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66743 A settled agricultural property was treated as outside the deceased's estate under the Estate Duty Act because the donees had long possessed and enjoyed it as owners. The settlement deed reserved life interest to the settlor, but the evidence of continuous possession, payment of land revenue, further gifts made from the land, affidavits, and village records showed that title had already matured in the donees by adverse possession before death. The settlor's life interest was therefore extinguished, she had no beneficial interest for more than two years before death, and no property passed on death to attract estate duty. Case-Laws Income Tax Sat, 24 Oct 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66743