https://www.taxtmi.com/caselaws?id=7254 House property standing in the wife's name was includible in the estate under section 10 of the Estate Duty Act because the donor continued to reside in and enjoy the property with the donee; the statutory exclusion applies only when the donee assumes bona fide possession and enjoyment to the entire exclusion of the donor, and both conditions are cumulative. For property settled within the statutory period, the deemed-to-pass fiction extends only to the property comprised in the settlement, valued as at the date of death; later accretions, augmentations, and profits created by the donees from their own funds, skill, or efforts are not includible in the principal value of the estate. en-us Wed, 06 Dec 1967 00:00:00 +0530 Mon, 16 Feb 2009 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7254 House property standing in the wife's name was includible in the estate under section 10 of the Estate Duty Act because the donor continued to reside in and enjoy the property with the donee; the statutory exclusion applies only when the donee assumes bona fide possession and enjoyment to the entire exclusion of the donor, and both conditions are cumulative. For property settled within the statutory period, the deemed-to-pass fiction extends only to the property comprised in the settlement, valued as at the date of death; later accretions, augmentations, and profits created by the donees from their own funds, skill, or efforts are not includible in the principal value of the estate. Case-Laws Income Tax Wed, 06 Dec 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7254