https://www.taxtmi.com/caselaws?id=29348 A right of free residence created by will was treated as an interest in property for estate duty purposes, so its cesser on death could attract tax only if the resulting benefit was capable of valuation. The analysis distinguished between interests extending to the whole income and those extending to less than the whole income, but held that a bare right of residence did not extend to any income of the property. As a result, the benefit arising on its cesser could not be valued under the valuation provision, and no estate duty was chargeable on that cesser despite the general rule deeming certain benefits to pass on death. en-us Tue, 12 Jan 1982 00:00:00 +0530 Fri, 12 Mar 2010 13:11:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29348 A right of free residence created by will was treated as an interest in property for estate duty purposes, so its cesser on death could attract tax only if the resulting benefit was capable of valuation. The analysis distinguished between interests extending to the whole income and those extending to less than the whole income, but held that a bare right of residence did not extend to any income of the property. As a result, the benefit arising on its cesser could not be valued under the valuation provision, and no estate duty was chargeable on that cesser despite the general rule deeming certain benefits to pass on death. Case-Laws Income Tax Tue, 12 Jan 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29348