https://www.taxtmi.com/caselaws?id=441129 A purported waqf under the Mussalman Waqf Validating Act, 1913 is valid only where the waqif truly dedicates the property and divests control for the benefit of the family, children or descendants; continued treatment of the asset as personal property, including use for personal debts, is inconsistent with genuine dedication. The text also explains that section 12 of the Estate Duty Act, 1953 applies where the settlor reserves a beneficial interest or effective life benefit through retained powers, including a right to alter the deed and maintenance provisions for himself and relatives. In that situation, the property is treated as passing on death. en-us Mon, 31 Jul 2023 00:00:00 +0530 Wed, 02 Aug 2023 21:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441129 A purported waqf under the Mussalman Waqf Validating Act, 1913 is valid only where the waqif truly dedicates the property and divests control for the benefit of the family, children or descendants; continued treatment of the asset as personal property, including use for personal debts, is inconsistent with genuine dedication. The text also explains that section 12 of the Estate Duty Act, 1953 applies where the settlor reserves a beneficial interest or effective life benefit through retained powers, including a right to alter the deed and maintenance provisions for himself and relatives. In that situation, the property is treated as passing on death. Case-Laws Indian Laws Mon, 31 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441129