TMI Blog684/CBDT.X X X X Extracts X X X X X X X X Extracts X X X X ..... restrictive significance and they related to all properties taken under any gift, whenever made, from which or from the benefits of which the donor was not excluded. In other words, even where the donor retained only part of the interest in the property gifted by him, the value of the entire property would attract liability to estate duty. 2. The Board had occasion to re-consider the interpretat ..... X X X X Extracts X X X X X X X X Extracts X X X X
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