https://www.taxtmi.com/caselaws?id=21785 A coparcener's release of an undefined share in joint Hindu family movable property was treated as a disposition because extinguishment of his pre-existing right enlarged the other coparceners' interests, bringing the transaction within Explanation 2 to section 2(15) of the Estate Duty Act and attracting estate duty under sections 9 and 27. The text also states that, on the facts, the deceased widow's interest in the movable properties was confined to one-sixth, since only that defined share could be said to pass on her death where no partition by metes and bounds had occurred. The reference was answered in favour of the Revenue. en-us Tue, 28 Jan 1992 00:00:00 +0530 Tue, 01 Dec 2009 10:56:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21785 A coparcener's release of an undefined share in joint Hindu family movable property was treated as a disposition because extinguishment of his pre-existing right enlarged the other coparceners' interests, bringing the transaction within Explanation 2 to section 2(15) of the Estate Duty Act and attracting estate duty under sections 9 and 27. The text also states that, on the facts, the deceased widow's interest in the movable properties was confined to one-sixth, since only that defined share could be said to pass on her death where no partition by metes and bounds had occurred. The reference was answered in favour of the Revenue. Case-Laws Income Tax Tue, 28 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21785