https://www.taxtmi.com/caselaws?id=27138 Section 10 of the Estate Duty Act applies only where the donee does not obtain possession and enjoyment of the gifted property to the donor's entire exclusion, or where the donor continues to derive a benefit referable to the gift. Where the donor later brings the donees into the business as partners and any advantage arises from his position as a partner, the benefit is not attributable to the gift itself. On these facts, the gifted amount introduced into the partnership was not includible in the estate under section 10, and the issue was decided for the assessee. en-us Wed, 09 Nov 1983 00:00:00 +0530 Thu, 11 Feb 2010 10:20:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27138 Section 10 of the Estate Duty Act applies only where the donee does not obtain possession and enjoyment of the gifted property to the donor's entire exclusion, or where the donor continues to derive a benefit referable to the gift. Where the donor later brings the donees into the business as partners and any advantage arises from his position as a partner, the benefit is not attributable to the gift itself. On these facts, the gifted amount introduced into the partnership was not includible in the estate under section 10, and the issue was decided for the assessee. Case-Laws Income Tax Wed, 09 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27138