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[Cites 0, Cited by 1] [Section 24] [Entire Act]

Union of India - Subsection

Section 24(2) in Estate Duty act, 1953

(2)Where by a disposition of any property any such interest as is mentioned in sub-section (1) is conferred on two or more persons either severally or jointly or in succession, sub-section (1) shall apply in like manner as where the interest is conferred on one person :Provided that sub-section (1) shall not apply where such person or persons taking the said life or determinable interest had at any time prior to the disposition been himself or themselves competent to dispose of the said property.