https://www.taxtmi.com/caselaws?id=37673 A limited interest in trust property that determines by operation of law, even without any voluntary act by the life tenant, can fall within section 11 of the Estate Duty Act, 1953 when the statutory conditions are met; the trust corpus attributable to the deceased's life interest was therefore chargeable to estate duty. The exemption in section 24(1) was unavailable because it applies only where property reverts to the disponer who created the disposition during that disponer's lifetime, which was not the position here. Section 7 did not apply, as post-cesser payments were merely gratuitous and did not create a taxable interest. en-us Fri, 23 Jul 1976 00:00:00 +0530 Wed, 31 Mar 2010 12:59:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37673 A limited interest in trust property that determines by operation of law, even without any voluntary act by the life tenant, can fall within section 11 of the Estate Duty Act, 1953 when the statutory conditions are met; the trust corpus attributable to the deceased's life interest was therefore chargeable to estate duty. The exemption in section 24(1) was unavailable because it applies only where property reverts to the disponer who created the disposition during that disponer's lifetime, which was not the position here. Section 7 did not apply, as post-cesser payments were merely gratuitous and did not create a taxable interest. Case-Laws Income Tax Fri, 23 Jul 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37673