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1967 (4) TMI 42 - SC - Income TaxWhether, on the facts and in the circumstances of the case, the gift of ₹ 9,00,000 should be regarded as having been made within two years of the death of the deceased and liable to estate duty? Held that:- In the facts and circumstances of the case, the gift of ₹ 9,00,000 should be regarded as having been made within two years of the death of the deceased and was liable to estate duty. We accordingly hold that the judgment of the High Court should be set aside and the question referred to the High Court should be answered against the respondent and in favour of the Controller of Estate Duty. Appeal alowed.
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