https://www.taxtmi.com/caselaws?id=63528 A Hindu female, not being a coparcener, cannot unilaterally blend her separate property with coparcenary property or impress it with the character of joint family property, so the declaration of 5-9-1969 had no legal effect. No joint Hindu family was shown on the materials, which treated the parties as tenants-in-common rather than as holding joint family property. A compromise decree by which the assessee relinquished her interest in favour of her sons and grandsons for inadequate consideration fell within the statutory concept of a taxable gift. Any limited estate was enlarged into absolute ownership by section 14(1) of the Hindu Succession Act, and the compromise decree, being related to the subject-matter of the suit, did not require registration. en-us Tue, 18 May 1982 00:00:00 +0530 Mon, 31 Jan 2011 15:09:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63528 A Hindu female, not being a coparcener, cannot unilaterally blend her separate property with coparcenary property or impress it with the character of joint family property, so the declaration of 5-9-1969 had no legal effect. No joint Hindu family was shown on the materials, which treated the parties as tenants-in-common rather than as holding joint family property. A compromise decree by which the assessee relinquished her interest in favour of her sons and grandsons for inadequate consideration fell within the statutory concept of a taxable gift. Any limited estate was enlarged into absolute ownership by section 14(1) of the Hindu Succession Act, and the compromise decree, being related to the subject-matter of the suit, did not require registration. Case-Laws Income Tax Tue, 18 May 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63528