Estate Duty - Passing of benami property.

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....uary 1, 1980 The Board have examined the question as to when a property standing 'benami' passes, i.e., on the death of the benamidar or on the death of the real owner. 2. The Board have been ad....

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....r. This view is supported by the decision of the Punjab and Haryana High Court in the case of Controller of Estate Duty Vs. M. L. Manchanda (93 ITR 173). 3. The Board have also been advised that th....