https://www.taxtmi.com/circulars?id=9313 Benami property is treated as passing on the death of the ostensible owner and is includible in the estate under the estate duty regime on that event; the CBDT instruction of February 1, 1980, records this view. The instruction also records that benami property will be held to pass on the death of the real owner for estate duty purposes, reflecting an alternative basis for inclusion. en-us Fri, 01 Feb 1980 00:00:00 +0530 Fri, 03 Jun 2011 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9313 Benami property is treated as passing on the death of the ostensible owner and is includible in the estate under the estate duty regime on that event; the CBDT instruction of February 1, 1980, records this view. The instruction also records that benami property will be held to pass on the death of the real owner for estate duty purposes, reflecting an alternative basis for inclusion. Circulars Income Tax Fri, 01 Feb 1980 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9313