https://www.taxtmi.com/caselaws?id=8714 A benami shareholding was treated as part of the deceased's estate for estate duty purposes where the deceased supplied the purchase money, received the income as his own, and the wife held only nominal title. The Estate Duty Act was read as distinguishing between property that actually passes on death under the charging provision and property deemed to pass under the extended provision. Because the deceased retained real ownership, the shares were regarded as property passing on death within the charging provision, and the deeming provision did not alter that result. en-us Thu, 23 Dec 1971 00:00:00 +0530 Wed, 03 Jun 2009 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8714 A benami shareholding was treated as part of the deceased's estate for estate duty purposes where the deceased supplied the purchase money, received the income as his own, and the wife held only nominal title. The Estate Duty Act was read as distinguishing between property that actually passes on death under the charging provision and property deemed to pass under the extended provision. Because the deceased retained real ownership, the shares were regarded as property passing on death within the charging provision, and the deeming provision did not alter that result. Case-Laws Income Tax Thu, 23 Dec 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8714