https://www.taxtmi.com/caselaws?id=27856 Section 10 of the Estate Duty Act applies only where the donee does not assume and retain bona fide possession and enjoyment of gifted property to the entire exclusion of the donor or any benefit referable to the gift. Cash transferred by book entries and treated as the donees' capital contribution was not caught by section 10. House properties gifted to the son and grandson were also outside section 10 because the donees obtained legal possession and the donor's continued occupation was permissive and unconnected with any reserved right. In relation to partnership goodwill, only the deceased's share could be brought to estate duty, not the entire goodwill. en-us Fri, 16 Jan 1981 00:00:00 +0530 Tue, 16 Feb 2010 14:04:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27856 Section 10 of the Estate Duty Act applies only where the donee does not assume and retain bona fide possession and enjoyment of gifted property to the entire exclusion of the donor or any benefit referable to the gift. Cash transferred by book entries and treated as the donees' capital contribution was not caught by section 10. House properties gifted to the son and grandson were also outside section 10 because the donees obtained legal possession and the donor's continued occupation was permissive and unconnected with any reserved right. In relation to partnership goodwill, only the deceased's share could be brought to estate duty, not the entire goodwill. Case-Laws Income Tax Fri, 16 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27856