https://www.taxtmi.com/caselaws?id=29561 Section 10 of the Estate Duty Act applied only where the donor's continued possession, enjoyment, or benefit from gifted property was referable to the gift itself through a contract, understanding, or similar nexus. Gifts of money to daughters, agricultural lands to sons, and a house property to the wife were not includible in the estate because the donor's later use of funds, receipt of agricultural income through the family firm, and lease of the house to a firm were independent commercial or family arrangements, not benefits reserved under the gifts. The inclusions in the estate were therefore unsustainable. en-us Tue, 17 Mar 1981 00:00:00 +0530 Sat, 13 Mar 2010 17:16:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29561 Section 10 of the Estate Duty Act applied only where the donor's continued possession, enjoyment, or benefit from gifted property was referable to the gift itself through a contract, understanding, or similar nexus. Gifts of money to daughters, agricultural lands to sons, and a house property to the wife were not includible in the estate because the donor's later use of funds, receipt of agricultural income through the family firm, and lease of the house to a firm were independent commercial or family arrangements, not benefits reserved under the gifts. The inclusions in the estate were therefore unsustainable. Case-Laws Income Tax Tue, 17 Mar 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29561