https://www.taxtmi.com/caselaws?id=26909 Estate duty inclusion depends on whether beneficial interest passes on death: the deceased's interest in Mazharunnisa Begum's estate was treated as passing to the deceased and therefore includible. A broad statutory notion of disposition also covers expenditure that extinguishes a right or liability in favour of beneficiaries, so construction of quarters for dependants and khanazadas fell within the deemed-transfer rule. Property was not excluded as held in a fiduciary capacity unless the statutory trust conditions were met. Debt deductions were also limited where the consideration was property derived from the deceased, and estate duty payable was not deductible in determining principal value. Property occupied by Sahabzadas and Sahebzadis was likewise treated as passing on death. en-us Mon, 27 Feb 1984 00:00:00 +0530 Tue, 09 Feb 2010 12:23:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26909 Estate duty inclusion depends on whether beneficial interest passes on death: the deceased's interest in Mazharunnisa Begum's estate was treated as passing to the deceased and therefore includible. A broad statutory notion of disposition also covers expenditure that extinguishes a right or liability in favour of beneficiaries, so construction of quarters for dependants and khanazadas fell within the deemed-transfer rule. Property was not excluded as held in a fiduciary capacity unless the statutory trust conditions were met. Debt deductions were also limited where the consideration was property derived from the deceased, and estate duty payable was not deductible in determining principal value. Property occupied by Sahabzadas and Sahebzadis was likewise treated as passing on death. Case-Laws Income Tax Mon, 27 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26909