https://www.taxtmi.com/caselaws?id=7547 Section 12 of the Estate Duty Act applies only where the donor reserves an interest in the gifted property, express or implied; mere maintenance provisions or annual payments under absolute gift deeds do not create such a proprietary reservation, so section 12 is not attracted. Section 10 applies where the donee's possession is not to the donor's entire exclusion and the donor retains a contractual benefit under the deed; enforceable maintenance obligations in favour of the donor can be treated as a reserved benefit, but only to the extent of that benefit, which is valued on death. A deed that contains no such reservation, including the wife's deed here, falls outside section 10. en-us Wed, 09 Apr 1969 00:00:00 +0530 Wed, 25 Feb 2009 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7547 Section 12 of the Estate Duty Act applies only where the donor reserves an interest in the gifted property, express or implied; mere maintenance provisions or annual payments under absolute gift deeds do not create such a proprietary reservation, so section 12 is not attracted. Section 10 applies where the donee's possession is not to the donor's entire exclusion and the donor retains a contractual benefit under the deed; enforceable maintenance obligations in favour of the donor can be treated as a reserved benefit, but only to the extent of that benefit, which is valued on death. A deed that contains no such reservation, including the wife's deed here, falls outside section 10. Case-Laws Income Tax Wed, 09 Apr 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7547