https://www.taxtmi.com/caselaws?id=60540 Section 168(4) of the Income-tax Act applies only to estate income actually distributed to, or applied for the benefit of, a specific legatee during administration of the estate. A residuary legacy is distinct from a specific legacy, and a residuary legatee acquires no right to estate income until administration is complete. Crediting estate income to an executrix's personal account, by itself, does not amount to distribution or application for the benefit of the residuary legatee. Where estate duty remained unpaid and administration was incomplete, the statutory condition for section 168(4) was not satisfied, so the estate income was not assessable in the assessee's individual hands. en-us Fri, 18 Apr 1975 00:00:00 +0530 Wed, 05 Jan 2011 18:11:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60540 Section 168(4) of the Income-tax Act applies only to estate income actually distributed to, or applied for the benefit of, a specific legatee during administration of the estate. A residuary legacy is distinct from a specific legacy, and a residuary legatee acquires no right to estate income until administration is complete. Crediting estate income to an executrix's personal account, by itself, does not amount to distribution or application for the benefit of the residuary legatee. Where estate duty remained unpaid and administration was incomplete, the statutory condition for section 168(4) was not satisfied, so the estate income was not assessable in the assessee's individual hands. Case-Laws Income Tax Fri, 18 Apr 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60540