https://www.taxtmi.com/caselaws?id=66180 A gift of house property by a sole surviving coparcener to his wife may be treated as made in his individual capacity, rather than as karta of the Hindu undivided family, where the property had already been partitioned and the settlement deed shows a transfer out of love and affection as husband. In that situation, the coparcener is entitled to deal with the property as if it were his separate property, and the gift is capable of qualifying for exemption under section 5(1)(viii) of the Gift-tax Act, 1958. The exemption was applied to the amount gifted to the wife. en-us Thu, 15 May 1986 00:00:00 +0530 Tue, 22 Feb 2011 10:14:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66180 A gift of house property by a sole surviving coparcener to his wife may be treated as made in his individual capacity, rather than as karta of the Hindu undivided family, where the property had already been partitioned and the settlement deed shows a transfer out of love and affection as husband. In that situation, the coparcener is entitled to deal with the property as if it were his separate property, and the gift is capable of qualifying for exemption under section 5(1)(viii) of the Gift-tax Act, 1958. The exemption was applied to the amount gifted to the wife. Case-Laws Income Tax Thu, 15 May 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66180