Are there any cases in which the value of immovable property received by an individual or HUF without consideration (i.e. by way of gift) is not charged to tax?

Gifts of immovable property: exemptions for transfers from relatives, on marriage, by will, inheritance, and certain institutional transfers.

Where an individual or HUF receives immovable property without consideration and the stamp duty value exceeds the prescribed threshold, that value is ordinarily chargeable to tax; however, specified receipts are exempt from tax, including gifts from relatives, on marriage, by will or inheritance, in contemplation of death, from local authorities, from certain trusts and institutions (subject to conditions), and transfers not regarded as transfer such as HUF partition, corporate amalgamation/demerger and specified banking reorganisations.