https://www.taxtmi.com/caselaws?id=7624 Property held by a deceased mahanth as trustee of the Madra Math did not pass on death for estate duty purposes because earlier civil court findings showed the assets belonged to the math and constituted a private trust, not the personal property of the mahanth. On that footing, the deceased had no beneficial ownership or personal disposing capacity within the Estate Duty Act, and any alienation by him would at most amount to breach of trust. The cessation of his office did not convert trust property into his estate. The estate duty assessment was therefore not sustainable and the reference was answered in favour of the accountable person. en-us Tue, 12 Aug 1969 00:00:00 +0530 Thu, 05 Mar 2009 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7624 Property held by a deceased mahanth as trustee of the Madra Math did not pass on death for estate duty purposes because earlier civil court findings showed the assets belonged to the math and constituted a private trust, not the personal property of the mahanth. On that footing, the deceased had no beneficial ownership or personal disposing capacity within the Estate Duty Act, and any alienation by him would at most amount to breach of trust. The cessation of his office did not convert trust property into his estate. The estate duty assessment was therefore not sustainable and the reference was answered in favour of the accountable person. Case-Laws Income Tax Tue, 12 Aug 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7624