https://www.taxtmi.com/caselaws?id=56601 A partner's interest in a firm, including the partner's share in goodwill, was treated as property under the Estate Duty Act. A partnership deed clause denying any claim over goodwill operated only during the subsistence of the partnership and did not prevent goodwill from passing on the partner's death. Accordingly, the deceased partner's proportionate share in the goodwill was held to have passed on death and was includible in the estate for estate duty purposes, notwithstanding the devolution clause in the deed. en-us Thu, 26 Jul 1984 00:00:00 +0530 Sat, 04 Dec 2010 17:46:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56601 A partner's interest in a firm, including the partner's share in goodwill, was treated as property under the Estate Duty Act. A partnership deed clause denying any claim over goodwill operated only during the subsistence of the partnership and did not prevent goodwill from passing on the partner's death. Accordingly, the deceased partner's proportionate share in the goodwill was held to have passed on death and was includible in the estate for estate duty purposes, notwithstanding the devolution clause in the deed. Case-Laws Income Tax Thu, 26 Jul 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56601