https://www.taxtmi.com/caselaws?id=39811 Compensation payable to a deceased passenger's dependants under the Carriage by Air regime was treated as a post-death statutory right of specified relatives, not as property of the deceased. Because the amount came into existence only after death and had no existing or contingent interest during lifetime, it did not fall within property passing on death under the Estate Duty Act. The provisions on property passing on death, and the separate rule on annuities or interests provided by the deceased, were found inapplicable to such death compensation. The compensation was therefore not chargeable to estate duty. en-us Mon, 19 Nov 1973 00:00:00 +0530 Tue, 20 Apr 2010 13:41:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39811 Compensation payable to a deceased passenger's dependants under the Carriage by Air regime was treated as a post-death statutory right of specified relatives, not as property of the deceased. Because the amount came into existence only after death and had no existing or contingent interest during lifetime, it did not fall within property passing on death under the Estate Duty Act. The provisions on property passing on death, and the separate rule on annuities or interests provided by the deceased, were found inapplicable to such death compensation. The compensation was therefore not chargeable to estate duty. Case-Laws Income Tax Mon, 19 Nov 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39811