https://www.taxtmi.com/caselaws?id=7695 A cash muafi was treated as property because it conferred an enforceable right to receive annual cash payments, not a mere expectancy. The grant was also held to be a life grant in the nature of a jagir or maintenance allowance, with no material showing hereditary succession; continuation to a successor was treated as a fresh grant. As the grant lapsed on the holder's death, nothing capable of transmission remained, so it did not pass on death for estate duty purposes and no estate duty was chargeable on that grant. en-us Thu, 06 Feb 1969 00:00:00 +0530 Tue, 17 Mar 2009 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7695 A cash muafi was treated as property because it conferred an enforceable right to receive annual cash payments, not a mere expectancy. The grant was also held to be a life grant in the nature of a jagir or maintenance allowance, with no material showing hereditary succession; continuation to a successor was treated as a fresh grant. As the grant lapsed on the holder's death, nothing capable of transmission remained, so it did not pass on death for estate duty purposes and no estate duty was chargeable on that grant. Case-Laws Income Tax Thu, 06 Feb 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7695