https://www.taxtmi.com/caselaws?id=8984 Compensation payable to the heirs of a deceased passenger after a plane crash was not property passing on death for estate duty purposes. Estate duty under the Estate Duty Act applies only to property that existed in the deceased's hands and passed by change in title, possession, beneficial enjoyment, or disposition. As the compensation arose only after death, was payable to dependents under the air carriage regime, and never formed part of the deceased's property during life, it did not pass from the deceased's estate and was not chargeable to estate duty. en-us Thu, 30 Aug 1973 00:00:00 +0530 Wed, 17 Jun 2009 19:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8984 Compensation payable to the heirs of a deceased passenger after a plane crash was not property passing on death for estate duty purposes. Estate duty under the Estate Duty Act applies only to property that existed in the deceased's hands and passed by change in title, possession, beneficial enjoyment, or disposition. As the compensation arose only after death, was payable to dependents under the air carriage regime, and never formed part of the deceased's property during life, it did not pass from the deceased's estate and was not chargeable to estate duty. Case-Laws Income Tax Thu, 30 Aug 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8984