https://www.taxtmi.com/caselaws?id=35747 Section 6 of the Estate Duty Act did not apply because the deceased could not transfer the jointly held shares without the consent of the other joint holder. Sections 9 and 10 were also inapplicable, as the arrangement was not treated as a gift. Section 13 applied where an absolute owner causes property to be placed in joint names so that beneficial interest passes by survivorship on death; on the facts, the deceased was the absolute owner, the shares stood in joint names with her sons, and the beneficial interest accrued to them on her death. The shares were therefore deemed to pass on death under section 13. en-us Fri, 05 Dec 1980 00:00:00 +0530 Tue, 16 Mar 2010 13:59:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35747 Section 6 of the Estate Duty Act did not apply because the deceased could not transfer the jointly held shares without the consent of the other joint holder. Sections 9 and 10 were also inapplicable, as the arrangement was not treated as a gift. Section 13 applied where an absolute owner causes property to be placed in joint names so that beneficial interest passes by survivorship on death; on the facts, the deceased was the absolute owner, the shares stood in joint names with her sons, and the beneficial interest accrued to them on her death. The shares were therefore deemed to pass on death under section 13. Case-Laws Income Tax Fri, 05 Dec 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35747