https://www.taxtmi.com/caselaws?id=67300 A settled amount credited in the name of a trust was held not to form part of the deceased's dutiable estate under section 10 of the Estate Duty Act because the donor had parted with possession and enjoyment of the property. The Tribunal applied the principle that, where the donee obtains immediate possession and enjoyment and there is a complete change of dominion over the gifted property, the amount is not deemed to pass on death. On those facts, the trust account was treated on the same footing as cases where section 10 was inapplicable. en-us Sat, 22 Jul 1978 00:00:00 +0530 Mon, 23 Jan 2012 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67300 A settled amount credited in the name of a trust was held not to form part of the deceased's dutiable estate under section 10 of the Estate Duty Act because the donor had parted with possession and enjoyment of the property. The Tribunal applied the principle that, where the donee obtains immediate possession and enjoyment and there is a complete change of dominion over the gifted property, the amount is not deemed to pass on death. On those facts, the trust account was treated on the same footing as cases where section 10 was inapplicable. Case-Laws Income Tax Sat, 22 Jul 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67300