https://www.taxtmi.com/caselaws?id=66269 The Appellate Tribunal ITAT Hyderabad-A upheld the order of the AAC, dismissing the revenue's appeal regarding the validity of a gift made by the karta of a Hindu undivided family to his wife. The Tribunal determined that the gift, involving ancestral properties, was void under Hindu law as it did not comply with the principles governing gifts of ancestral property within a Hindu undivided family. The decision was influenced by established legal precedents, including rulings from the Andhra Pradesh High Court, emphasizing that such gifts are generally void unless reasonable and for the benefit of family members. en-us Tue, 15 Mar 1977 00:00:00 +0530 Mon, 23 Jan 2012 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66269 The Appellate Tribunal ITAT Hyderabad-A upheld the order of the AAC, dismissing the revenue's appeal regarding the validity of a gift made by the karta of a Hindu undivided family to his wife. The Tribunal determined that the gift, involving ancestral properties, was void under Hindu law as it did not comply with the principles governing gifts of ancestral property within a Hindu undivided family. The decision was influenced by established legal precedents, including rulings from the Andhra Pradesh High Court, emphasizing that such gifts are generally void unless reasonable and for the benefit of family members. Case-Laws Income Tax Tue, 15 Mar 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66269