https://www.taxtmi.com/caselaws?id=69230 Gifts made by the deceased to his sons were treated as falling within the statutory exemption under section 33(1)(o) of the Estate Duty Act, 1953, because the Tribunal found the exemption conditions satisfied on the facts. On that basis, no referable question of law arose from the inclusion of those gifts in the principal value of the estate, since the provision itself covered property passing under a gift to the specified relatives within the statutory framework. The alternative contention was not treated as determinative. The application for reference was rejected. en-us Sat, 23 Sep 1978 00:00:00 +0530 Tue, 05 Apr 2011 18:35:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69230 Gifts made by the deceased to his sons were treated as falling within the statutory exemption under section 33(1)(o) of the Estate Duty Act, 1953, because the Tribunal found the exemption conditions satisfied on the facts. On that basis, no referable question of law arose from the inclusion of those gifts in the principal value of the estate, since the provision itself covered property passing under a gift to the specified relatives within the statutory framework. The alternative contention was not treated as determinative. The application for reference was rejected. Case-Laws Income Tax Sat, 23 Sep 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69230