https://www.taxtmi.com/caselaws?id=7661 For immovable property, an effective gift or settlement requires a legally valid registered transfer; mere delivery of possession does not divest title. Registered settlement deeds executed within two years of death did not satisfy the statutory requirement for exclusion from the estate and the settled property was therefore includible. Agricultural land for which no registered deed of gift was executed likewise remained vested in the deceased at death, so it was properly treated as estate property. The note states that, under the Estate Duty Act, property not transferred by a completed registered instrument continues to form part of the deceased's estate. en-us Thu, 12 Dec 1968 00:00:00 +0530 Tue, 17 Mar 2009 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7661 For immovable property, an effective gift or settlement requires a legally valid registered transfer; mere delivery of possession does not divest title. Registered settlement deeds executed within two years of death did not satisfy the statutory requirement for exclusion from the estate and the settled property was therefore includible. Agricultural land for which no registered deed of gift was executed likewise remained vested in the deceased at death, so it was properly treated as estate property. The note states that, under the Estate Duty Act, property not transferred by a completed registered instrument continues to form part of the deceased's estate. Case-Laws Income Tax Thu, 12 Dec 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7661