https://www.taxtmi.com/caselaws?id=37057 Married daughters were treated as "children" within the inclusive definition of "relative" under the Estate Duty Act, because the term is not confined by marital status. A transfer of sums to the daughters, together with a partnership deed giving them a 50% share in business profits while the deceased retained ownership of the underlying assets, was regarded as a disposition in the nature of a gift and a deemed gift in favour of relatives. The profits credited to the daughters up to the date of death were therefore treated as the measure of the benefit flowing from that gifted interest and were includible in the estate. en-us Mon, 25 Jun 1979 00:00:00 +0530 Fri, 26 Mar 2010 11:39:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37057 Married daughters were treated as "children" within the inclusive definition of "relative" under the Estate Duty Act, because the term is not confined by marital status. A transfer of sums to the daughters, together with a partnership deed giving them a 50% share in business profits while the deceased retained ownership of the underlying assets, was regarded as a disposition in the nature of a gift and a deemed gift in favour of relatives. The profits credited to the daughters up to the date of death were therefore treated as the measure of the benefit flowing from that gifted interest and were includible in the estate. Case-Laws Income Tax Mon, 25 Jun 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37057