https://www.taxtmi.com/caselaws?id=9265 Estate duty under section 5 of the Estate Duty Act, 1953 applies to property passing on death, and section 21(1) is confined to property situated outside India. Because Pondicherry had become part of India on de jure transfer, shares in a Pondicherry company could not be treated as foreign property for exemption purposes. The subsequent extension of the Act to Pondicherry did not postpone the charging provision for a deceased domiciled in the United Kingdom whose property was situated in India. The shares were therefore includible in the estate and liable to estate duty. en-us Mon, 17 Dec 1973 00:00:00 +0530 Sat, 20 Jun 2009 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9265 Estate duty under section 5 of the Estate Duty Act, 1953 applies to property passing on death, and section 21(1) is confined to property situated outside India. Because Pondicherry had become part of India on de jure transfer, shares in a Pondicherry company could not be treated as foreign property for exemption purposes. The subsequent extension of the Act to Pondicherry did not postpone the charging provision for a deceased domiciled in the United Kingdom whose property was situated in India. The shares were therefore includible in the estate and liable to estate duty. Case-Laws Income Tax Mon, 17 Dec 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9265