https://www.taxtmi.com/caselaws?id=66505 A transfer made under a genuine illatom adoption arrangement was treated as property taken in recognition of a family arrangement, not as a voluntary disposition, and therefore did not attract gift-tax. Settlements made in favour of married daughters were also held outside gift-tax because a father's duty under Hindu law to make reasonable provision for daughters, including in connection with marriage, was treated as a pre-existing legal obligation; a settlement in discharge of that obligation lacked the element of gratuitous transfer. The stated ratio is that transfers recognising an enforceable family arrangement or satisfying a pre-existing legal obligation are not taxable gifts. en-us Tue, 29 Dec 1987 00:00:00 +0530 Sat, 26 Feb 2011 12:09:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66505 A transfer made under a genuine illatom adoption arrangement was treated as property taken in recognition of a family arrangement, not as a voluntary disposition, and therefore did not attract gift-tax. Settlements made in favour of married daughters were also held outside gift-tax because a father's duty under Hindu law to make reasonable provision for daughters, including in connection with marriage, was treated as a pre-existing legal obligation; a settlement in discharge of that obligation lacked the element of gratuitous transfer. The stated ratio is that transfers recognising an enforceable family arrangement or satisfying a pre-existing legal obligation are not taxable gifts. Case-Laws Income Tax Tue, 29 Dec 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66505