https://www.taxtmi.com/caselaws?id=39990 Section 10 of the Estate Duty Act, 1953 applies where an unconditional gift of immovable property is followed by an arrangement under which the donor is not fully excluded from possession and enjoyment. The donated property is chargeable if the donee does not retain bona fide possession to the donor's entire exclusion, and the charge is on the gifted property itself, not merely on the retained right of occupation. Where the gift is of the whole property, a post-gift lease back to the donor defeats complete exclusion and brings the entire property within the deemed estate. en-us Mon, 11 Nov 1974 00:00:00 +0530 Wed, 06 Aug 2014 10:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39990 Section 10 of the Estate Duty Act, 1953 applies where an unconditional gift of immovable property is followed by an arrangement under which the donor is not fully excluded from possession and enjoyment. The donated property is chargeable if the donee does not retain bona fide possession to the donor's entire exclusion, and the charge is on the gifted property itself, not merely on the retained right of occupation. Where the gift is of the whole property, a post-gift lease back to the donor defeats complete exclusion and brings the entire property within the deemed estate. Case-Laws Indian Laws Mon, 11 Nov 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39990