https://www.taxtmi.com/caselaws?id=36768 Agreements dated 18 April 1931 and 22 December 1934 are explained as constituting a disposition of watan lands under section 24 of the Estate Duty Act, 1953, because they conferred a life right to possess and enjoy the lands on the widow. The 1931 agreement was treated as a valid transfer or surrender of the enjoyment right during her lifetime and not as a mere family arrangement. Even if that agreement were disregarded, the 1934 agreement independently confirmed and created the same life enjoyment. On that basis, the property fell within section 24(1) and was not treated as passing merely by reason of reverter on the widow's death. en-us Thu, 20 Sep 1979 00:00:00 +0530 Wed, 24 Mar 2010 13:28:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36768 Agreements dated 18 April 1931 and 22 December 1934 are explained as constituting a disposition of watan lands under section 24 of the Estate Duty Act, 1953, because they conferred a life right to possess and enjoy the lands on the widow. The 1931 agreement was treated as a valid transfer or surrender of the enjoyment right during her lifetime and not as a mere family arrangement. Even if that agreement were disregarded, the 1934 agreement independently confirmed and created the same life enjoyment. On that basis, the property fell within section 24(1) and was not treated as passing merely by reason of reverter on the widow's death. Case-Laws Income Tax Thu, 20 Sep 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36768