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1979 (9) TMI 69 - SC - Indian LawsWhether, on the facts and in the circumstances of the case, the provisions of section 10 of the Estate Duty Act did apply to the gifts of ₹ 1,00,000 and of ₹ 50,000 made by the deceased to his son and wife respectively ? Held that:- In the instant case it is clear that the ratio of the decisions of this court in Gounder's case [1973 (2) TMI 52 - SUPREME Court] is squarely applicable and the Tribunal as well as the High Court was right in holding that no estate duty could be charged in respect of the two sums of money, viz., ₹ 1,00,000 and ₹ 50,000.
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