https://www.taxtmi.com/caselaws?id=65193 Gift-tax proceedings were upheld despite objection to notice because the section 16 notice was addressed to the legal representatives, received on behalf of one of them, and participation without timely objection defeated the service challenge. On the merits, no taxable gift was established: a declaratory decree recognising pre-existing rights under an alleged family partition did not create a new transfer of property, and an agreement to sell was not an executed and registered conveyance. In the absence of a proved transfer during the relevant year, gift-tax liability did not arise and the assessment failed. en-us Thu, 03 Nov 1988 00:00:00 +0530 Mon, 14 Feb 2011 11:29:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65193 Gift-tax proceedings were upheld despite objection to notice because the section 16 notice was addressed to the legal representatives, received on behalf of one of them, and participation without timely objection defeated the service challenge. On the merits, no taxable gift was established: a declaratory decree recognising pre-existing rights under an alleged family partition did not create a new transfer of property, and an agreement to sell was not an executed and registered conveyance. In the absence of a proved transfer during the relevant year, gift-tax liability did not arise and the assessment failed. Case-Laws Income Tax Thu, 03 Nov 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65193