https://www.taxtmi.com/caselaws?id=7475 Section 10 of the Estate Duty Act applies where the donor is not entirely excluded from possession and enjoyment of the gifted property. On that test, gifts placed at the disposal of a partnership in which the donor continued to have an interest were treated as within section 10, and the timing gap before reintroduction into the firm was immaterial. The section was confined to the actual property gifted, however, so later interest earned on the gifted sum was treated as a separate accretion and outside the estate duty charge under section 10. en-us Fri, 04 Oct 1968 00:00:00 +0530 Fri, 20 Feb 2009 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7475 Section 10 of the Estate Duty Act applies where the donor is not entirely excluded from possession and enjoyment of the gifted property. On that test, gifts placed at the disposal of a partnership in which the donor continued to have an interest were treated as within section 10, and the timing gap before reintroduction into the firm was immaterial. The section was confined to the actual property gifted, however, so later interest earned on the gifted sum was treated as a separate accretion and outside the estate duty charge under section 10. Case-Laws Income Tax Fri, 04 Oct 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7475