https://www.taxtmi.com/caselaws?id=38050 Mere contribution from a husband's earnings toward acquisition of property does not, by itself, establish a beneficial interest for estate duty purposes. The decisive question is whether the deceased retained subsisting beneficial ownership or enjoyment of the properties. Where the properties were assessed only in the wife's hands, there was no material showing joint receipt or enjoyment of income, and the wife's unilateral settlement of one property during the deceased's lifetime supported exclusive ownership by her, the deceased was treated as having no beneficial interest. On those facts, 50% of the value of the two house properties was not includible in the dutiable estate. en-us Mon, 25 Oct 1976 00:00:00 +0530 Fri, 02 Apr 2010 17:28:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38050 Mere contribution from a husband's earnings toward acquisition of property does not, by itself, establish a beneficial interest for estate duty purposes. The decisive question is whether the deceased retained subsisting beneficial ownership or enjoyment of the properties. Where the properties were assessed only in the wife's hands, there was no material showing joint receipt or enjoyment of income, and the wife's unilateral settlement of one property during the deceased's lifetime supported exclusive ownership by her, the deceased was treated as having no beneficial interest. On those facts, 50% of the value of the two house properties was not includible in the dutiable estate. Case-Laws Income Tax Mon, 25 Oct 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38050