https://www.taxtmi.com/caselaws?id=39607 A provident fund amount remained part of the deceased subscriber's estate where the fund rules allowed him to control nominations, make withdrawals and obtain payment during his lifetime, and the nominee's right arose only on death. The Court held that this retained proprietary interest meant the credit balance passed on death within the Estate Duty Act and was liable to estate duty in the hands of the accountable person. The contention that the amount was outside the estate or formed a separate non-aggregatable estate was not examined, as it had not been raised before the Tribunal and did not arise from the reference. en-us Fri, 31 Jan 1975 00:00:00 +0530 Mon, 19 Apr 2010 11:21:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39607 A provident fund amount remained part of the deceased subscriber's estate where the fund rules allowed him to control nominations, make withdrawals and obtain payment during his lifetime, and the nominee's right arose only on death. The Court held that this retained proprietary interest meant the credit balance passed on death within the Estate Duty Act and was liable to estate duty in the hands of the accountable person. The contention that the amount was outside the estate or formed a separate non-aggregatable estate was not examined, as it had not been raised before the Tribunal and did not arise from the reference. Case-Laws Income Tax Fri, 31 Jan 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39607