https://www.taxtmi.com/caselaws?id=39777 For exemption under section 33(1)(n) of the Estate Duty Act, 1953, a house need not be held in absolute ownership if it was exclusively used by the deceased for residence and formed property belonging to the deceased on death. The court held that the phrase "belonging to" extends to an interest short of full ownership, because the Act's broad definition of "property" includes any interest in property. A life interest in the residential house therefore qualified as property for the exemption, and the answer was in favour of the accountable person. en-us Wed, 26 Jun 1974 00:00:00 +0530 Tue, 20 Apr 2010 12:16:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39777 For exemption under section 33(1)(n) of the Estate Duty Act, 1953, a house need not be held in absolute ownership if it was exclusively used by the deceased for residence and formed property belonging to the deceased on death. The court held that the phrase "belonging to" extends to an interest short of full ownership, because the Act's broad definition of "property" includes any interest in property. A life interest in the residential house therefore qualified as property for the exemption, and the answer was in favour of the accountable person. Case-Laws Income Tax Wed, 26 Jun 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39777