https://www.taxtmi.com/caselaws?id=276538 A testamentary gift to a class of grandchildren is ordinarily ascertained at the testator's death under section 111 of the Indian Succession Act, unless the will postpones possession beyond that date. Here, the executors' management during the beneficiaries' minorities was only a mode of administration and did not defer vesting or possession of the legacy. The exception to section 111 therefore did not apply, so the class was confined to grandchildren living at the testator's death. The after-born sons were excluded from the estate income, and the assessment on the named beneficiaries in equal shares was valid. en-us Tue, 13 Feb 1962 00:00:00 +0530 Tue, 13 Nov 2018 15:19:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276538 A testamentary gift to a class of grandchildren is ordinarily ascertained at the testator's death under section 111 of the Indian Succession Act, unless the will postpones possession beyond that date. Here, the executors' management during the beneficiaries' minorities was only a mode of administration and did not defer vesting or possession of the legacy. The exception to section 111 therefore did not apply, so the class was confined to grandchildren living at the testator's death. The after-born sons were excluded from the estate income, and the assessment on the named beneficiaries in equal shares was valid. Case-Laws Income Tax Tue, 13 Feb 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276538