Supreme Court · 1966 INSC 237 · Decided 28 October 1966
Mahendra Rambhai Patel v. Controller of Estate Duty, Gujarat
- Court
- Supreme Court of India
- Citation
- 1966 INSC 237 · [1967] 1 S.C.R. 991
- Case number
- CIVIL APPEAL No. 1067/1965
- Decided
- 28 October 1966
- Bench
- J.C. SHAH, V. RAMASWAMI, VISHISHTHA BHARGAVA (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
Estate Duty Act, 1953 (34. of 1953), ss. 2(15), S and 23-Property settled by deed of trust-Beneficiaries entitled lo maintenance but not to hold the property before attaining age of 25 years-One of the benefi­ ciaries dying before that age-His interest whether 'property' untfer s. . Under a deed of trust 160 shares of a company were settled equally upon the appellant and his younger brother. According to the deed the trustees were to bold th~ shares of each ooneficiary till he attained the age of twenty-five years. Before that the income from the shares was to be applied
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)