https://www.taxtmi.com/caselaws?id=61014 A discretionary ex gratia payment made only to specified family members after death was not includible in the dutiable estate because the deceased had no beneficial interest or power of disposal over it during lifetime, so it did not amount to property passing on death. The old Vespa scooter was valued at Rs. 1,000, as the higher figure was based only on a general observation of scarcity and not on the scooter's actual condition and circumstances. Deduction under section 33(1)(h) of the Estate Duty Act, 1953 was also to be allowed or given effect to, reducing the taxable estate accordingly. en-us Sat, 30 Jul 1983 00:00:00 +0530 Mon, 10 Jan 2011 13:40:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61014 A discretionary ex gratia payment made only to specified family members after death was not includible in the dutiable estate because the deceased had no beneficial interest or power of disposal over it during lifetime, so it did not amount to property passing on death. The old Vespa scooter was valued at Rs. 1,000, as the higher figure was based only on a general observation of scarcity and not on the scooter's actual condition and circumstances. Deduction under section 33(1)(h) of the Estate Duty Act, 1953 was also to be allowed or given effect to, reducing the taxable estate accordingly. Case-Laws Income Tax Sat, 30 Jul 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61014