https://www.taxtmi.com/caselaws?id=35771 Certificates purchased by a deceased in the names of his minor sons were treated as property of the deceased where he remained the real owner and could deal with them until a release by the named holders or a competent court declaration. On that basis, National Savings Certificates and Postal Cash Certificates standing in benamidari names were treated as includible in the estate for estate duty purposes under the Estate Duty Act, 1953, because the property was regarded as passing on death within the statutory scheme. The Tribunal's earlier view was displaced by the governing Supreme Court authority on the point. en-us Wed, 22 Apr 1981 00:00:00 +0530 Tue, 16 Mar 2010 15:42:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35771 Certificates purchased by a deceased in the names of his minor sons were treated as property of the deceased where he remained the real owner and could deal with them until a release by the named holders or a competent court declaration. On that basis, National Savings Certificates and Postal Cash Certificates standing in benamidari names were treated as includible in the estate for estate duty purposes under the Estate Duty Act, 1953, because the property was regarded as passing on death within the statutory scheme. The Tribunal's earlier view was displaced by the governing Supreme Court authority on the point. Case-Laws Income Tax Wed, 22 Apr 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35771