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1972 (8) TMI 10 - HC - Income TaxEsatte duty Act - Unequal partition of HUF, karta takes lesser share than his entitlement - whether there is a gift and there is liability to Estate Duty Act - Whether the sum representing the difference between the value of a share in the family properties and the value of the properties actually allotted to R. Bheema Naidu at the partition of the family properties within 2 years prior to the death of the deceased has been rightly included in the estate as property deemed to pass on the death of the deceased within the meaning of section 9(1) of the Estate Duty Act, 1953, read with section 27 and Explanation 2 to section 2(15) - view of the Tribunal is upholded and answer the reference in the affirmative and against the accountable persons
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