https://www.taxtmi.com/caselaws?id=36927 A settlement deed that unequivocally vested the properties in minor sons operated immediately, so the settlor's later management as guardian did not preserve a beneficial interest or defer transfer until death; the Halsoor estates and standing crop therefore were not includible in the principal value of the estate under estate duty law. The alleged inclusion of the Chikkannakonda estate purchase price also failed, because the record did not reliably show that the investment came from the deceased's own resources or that it was a transfer within the relevant period. The inclusions were held unsustainable. en-us Thu, 12 Jul 1979 00:00:00 +0530 Thu, 25 Mar 2010 13:49:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36927 A settlement deed that unequivocally vested the properties in minor sons operated immediately, so the settlor's later management as guardian did not preserve a beneficial interest or defer transfer until death; the Halsoor estates and standing crop therefore were not includible in the principal value of the estate under estate duty law. The alleged inclusion of the Chikkannakonda estate purchase price also failed, because the record did not reliably show that the investment came from the deceased's own resources or that it was a transfer within the relevant period. The inclusions were held unsustainable. Case-Laws Income Tax Thu, 12 Jul 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36927