https://www.taxtmi.com/caselaws?id=58954 Compensation and accident insurance amounts payable by an employer on an employee's accidental death were treated as property passing on death and therefore fell within the Estate Duty Act's charging provisions. However, because the deceased never had any beneficial interest in those amounts during lifetime, they were not liable to aggregation under section 34(3) and had to be assessed as separate estates. Premiums paid under a Married Women's Property policy within two years of death were held not to be dutiable as gifts made by the deceased. The ruling also restated that, where two constructions of a charging or exemption provision are reasonably possible, the interpretation favourable to the accountable person should be adopted. en-us Sat, 05 Sep 1981 00:00:00 +0530 Thu, 23 Dec 2010 13:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58954 Compensation and accident insurance amounts payable by an employer on an employee's accidental death were treated as property passing on death and therefore fell within the Estate Duty Act's charging provisions. However, because the deceased never had any beneficial interest in those amounts during lifetime, they were not liable to aggregation under section 34(3) and had to be assessed as separate estates. Premiums paid under a Married Women's Property policy within two years of death were held not to be dutiable as gifts made by the deceased. The ruling also restated that, where two constructions of a charging or exemption provision are reasonably possible, the interpretation favourable to the accountable person should be adopted. Case-Laws Income Tax Sat, 05 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58954