https://www.taxtmi.com/caselaws?id=7549 Section 46(2) of the Estate Duty Act applied because the deceased's withdrawal within two years of death discharged a liability that would have fallen within section 46(1), so the amount was correctly included in the estate. House No. 85, Nallagunta was not includible under section 10 because the donee had taken bona fide possession and enjoyment, and the donor was not shown to have retained a prohibited benefit, so exclusion from the estate was allowed. The N.G.P. notes and the Pioneer Bazar, Bolarum house properties were includible under section 10 because the deceased continued to receive and use the income, showing that the donee had not enjoyed the property to the donor's entire exclusion. en-us Mon, 25 Nov 1968 00:00:00 +0530 Wed, 25 Feb 2009 18:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7549 Section 46(2) of the Estate Duty Act applied because the deceased's withdrawal within two years of death discharged a liability that would have fallen within section 46(1), so the amount was correctly included in the estate. House No. 85, Nallagunta was not includible under section 10 because the donee had taken bona fide possession and enjoyment, and the donor was not shown to have retained a prohibited benefit, so exclusion from the estate was allowed. The N.G.P. notes and the Pioneer Bazar, Bolarum house properties were includible under section 10 because the deceased continued to receive and use the income, showing that the donee had not enjoyed the property to the donor's entire exclusion. Case-Laws Income Tax Mon, 25 Nov 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7549