https://www.taxtmi.com/caselaws?id=66771 A transfer made in recognition of a pre-existing entitlement is not a voluntary bounty for gift-tax purposes. The article states that the illatom son-in-law's entitlement under a genuine adoption agreement had already been accepted, so the property settled in his favour, and the connected settlement to his wife, were not taxable as gifts. It also explains that a father may discharge a legal obligation by making reasonable provision for married daughters, and that settlements made on or around marriage, if referable to that obligation, are not voluntary transfers without consideration. On the facts described, the daughters' settlements were treated as reasonable family arrangements and exempt from gift-tax. en-us Tue, 29 Dec 1987 00:00:00 +0530 Mon, 07 Mar 2011 11:50:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66771 A transfer made in recognition of a pre-existing entitlement is not a voluntary bounty for gift-tax purposes. The article states that the illatom son-in-law's entitlement under a genuine adoption agreement had already been accepted, so the property settled in his favour, and the connected settlement to his wife, were not taxable as gifts. It also explains that a father may discharge a legal obligation by making reasonable provision for married daughters, and that settlements made on or around marriage, if referable to that obligation, are not voluntary transfers without consideration. On the facts described, the daughters' settlements were treated as reasonable family arrangements and exempt from gift-tax. Case-Laws Income Tax Tue, 29 Dec 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66771