https://www.taxtmi.com/caselaws?id=36428 A later partition arrangement was treated as genuine and valid, under which the deceased exchanged his earlier limited life interest in the Kakinada house and his share in another house for an absolute 1/5th share in the Kakinada property. On that footing, the arrangement was not regarded as a disposition or determination of his interest within section 11(1) of the Estate Duty Act, 1953, and section 7 was also held inapplicable because he did not die with a life interest in the entire house. The estate duty consequence was that only the deceased's 1/5th share in the Kakinada house was includible in the principal value of the estate, not the full property value. en-us Tue, 03 Apr 1979 00:00:00 +0530 Mon, 22 Mar 2010 12:47:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36428 A later partition arrangement was treated as genuine and valid, under which the deceased exchanged his earlier limited life interest in the Kakinada house and his share in another house for an absolute 1/5th share in the Kakinada property. On that footing, the arrangement was not regarded as a disposition or determination of his interest within section 11(1) of the Estate Duty Act, 1953, and section 7 was also held inapplicable because he did not die with a life interest in the entire house. The estate duty consequence was that only the deceased's 1/5th share in the Kakinada house was includible in the principal value of the estate, not the full property value. Case-Laws Income Tax Tue, 03 Apr 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36428