https://www.taxtmi.com/caselaws?id=39994 A partition or relinquishment by a coparcener within two years of death, where he accepts less than his due share and the other coparcener gains the benefit, falls within the extended meaning of "disposition" under the Estate Duty Act. The deeming provisions enlarge "property" and "disposition" to cover extinguishment of rights to the extent of the benefit conferred, even without a conventional transfer under Hindu law. Bona fides are relevant to dispositions outside the two-year window, but dispositions within that period are caught by the charging scheme. The resulting benefit to the relative is therefore liable to estate duty. en-us Mon, 19 Jul 1976 00:00:00 +0530 Thu, 25 Oct 2018 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39994 A partition or relinquishment by a coparcener within two years of death, where he accepts less than his due share and the other coparcener gains the benefit, falls within the extended meaning of "disposition" under the Estate Duty Act. The deeming provisions enlarge "property" and "disposition" to cover extinguishment of rights to the extent of the benefit conferred, even without a conventional transfer under Hindu law. Bona fides are relevant to dispositions outside the two-year window, but dispositions within that period are caught by the charging scheme. The resulting benefit to the relative is therefore liable to estate duty. Case-Laws Income Tax Mon, 19 Jul 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39994