https://www.taxtmi.com/caselaws?id=189761 The Supreme Court upheld the High Court's decision that the property at No. 34, Mahatma Gandhi Road, Bangalore, was correctly included in the deceased's estate under Section 10 of the Estate Duty Act. The Court emphasized the requirement of "entire exclusion" of the donor for a gift to be exempt from estate duty and clarified that the Finance Act, 1965 amendment did not apply retrospectively. Additionally, the Court affirmed that the property, although jointly named, was solely owned by the deceased, justifying its inclusion in the estate for duty assessment. en-us Fri, 28 Oct 1966 00:00:00 +0530 Thu, 19 Jan 2017 17:26:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189761 The Supreme Court upheld the High Court's decision that the property at No. 34, Mahatma Gandhi Road, Bangalore, was correctly included in the deceased's estate under Section 10 of the Estate Duty Act. The Court emphasized the requirement of "entire exclusion" of the donor for a gift to be exempt from estate duty and clarified that the Finance Act, 1965 amendment did not apply retrospectively. Additionally, the Court affirmed that the property, although jointly named, was solely owned by the deceased, justifying its inclusion in the estate for duty assessment. Case-Laws Indian Laws Fri, 28 Oct 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189761