https://www.taxtmi.com/caselaws?id=70088 A person administering a deceased's estate under a will may be treated as an executrix by implication where the will and surrounding circumstances show estate administration, even without formal appointment as administrator. On that basis, the right to receive life insurance proceeds forming part of the estate was not includible in the assessee's own net wealth while administration remained incomplete, because the asset was separately assessable under section 19A of the Wealth-tax Act. The exclusion from the assessee's wealth was therefore upheld until complete distribution of the estate was established. en-us Thu, 15 Oct 1987 00:00:00 +0530 Thu, 14 Apr 2011 12:07:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70088 A person administering a deceased's estate under a will may be treated as an executrix by implication where the will and surrounding circumstances show estate administration, even without formal appointment as administrator. On that basis, the right to receive life insurance proceeds forming part of the estate was not includible in the assessee's own net wealth while administration remained incomplete, because the asset was separately assessable under section 19A of the Wealth-tax Act. The exclusion from the assessee's wealth was therefore upheld until complete distribution of the estate was established. Case-Laws Wealth-tax Thu, 15 Oct 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70088