https://www.taxtmi.com/caselaws?id=19592 A refund dependent on pending appellate proceedings at the date of death was not treated as property passing on death for estate duty purposes. The right to refund arose only when the appellate orders were later passed, so no enforceable or vested entitlement existed on the date of death. A merely contingent or inchoate claim, which may or may not materialise, is not property capable of being included in the estate. On that basis, the refund was excluded from the estate and no referable question of law arose. en-us Tue, 01 Nov 1994 00:00:00 +0530 Sat, 07 Nov 2009 12:02:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19592 A refund dependent on pending appellate proceedings at the date of death was not treated as property passing on death for estate duty purposes. The right to refund arose only when the appellate orders were later passed, so no enforceable or vested entitlement existed on the date of death. A merely contingent or inchoate claim, which may or may not materialise, is not property capable of being included in the estate. On that basis, the refund was excluded from the estate and no referable question of law arose. Case-Laws Income Tax Tue, 01 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19592