Valid gifts from Hindu undivided family funds to daughters-in-law upheld by Punjab and Haryana High Court The High Court of Punjab and Haryana upheld the validity of gifts from Hindu undivided family funds to daughters-in-law, ruling in favor of the assessee ...
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Valid gifts from Hindu undivided family funds to daughters-in-law upheld by Punjab and Haryana High Court
The High Court of Punjab and Haryana upheld the validity of gifts from Hindu undivided family funds to daughters-in-law, ruling in favor of the assessee and confirming the gifts were valid and not cross-gifts. The judgment was delivered by Judge S. S. Sodhi.
The High Court of Punjab and Haryana ruled on the validity of gifts made from Hindu undivided family funds to daughters-in-law. The court referenced a similar case and answered questions in favor of the assessee, stating gifts were valid and not cross-gifts. The judgment was delivered by Judge S. S. Sodhi. (Case citation: 1991 (5) TMI 39 - Punjab and Haryana High Court)
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