https://www.taxtmi.com/caselaws?id=22348 Premiums paid by the deceased within two years before death on insurance policies taken under the Married Women's Property Act were not treated as gifts to the beneficiaries. As the payments were made in discharge of the deceased's obligation and did not attract the gift-based charging provisions, they were excluded from the principal value of the estate under the Estate Duty Act, 1953. The estate duty computation therefore did not include those premia, and the reference was answered in favour of the accountable person. en-us Wed, 20 Mar 1991 00:00:00 +0530 Wed, 09 Dec 2009 13:58:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22348 Premiums paid by the deceased within two years before death on insurance policies taken under the Married Women's Property Act were not treated as gifts to the beneficiaries. As the payments were made in discharge of the deceased's obligation and did not attract the gift-based charging provisions, they were excluded from the principal value of the estate under the Estate Duty Act, 1953. The estate duty computation therefore did not include those premia, and the reference was answered in favour of the accountable person. Case-Laws Income Tax Wed, 20 Mar 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22348