https://www.taxtmi.com/caselaws?id=67824 A transfer by the karta of a Hindu undivided family without legal necessity is voidable, not void, unless and until it is set aside. Here, the ancestral immovable property was gifted to the karta's daughter-in-law with the consent of the other family member, the gift was acted upon, and the donee received the income. No coparcener challenged or annulled it, and the extent of the gift was not found excessive or unreasonable. The Revenue's objection therefore did not displace the appellate finding, and the assessee's position was left undisturbed. en-us Fri, 14 May 1982 00:00:00 +0530 Mon, 14 Mar 2011 18:29:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67824 A transfer by the karta of a Hindu undivided family without legal necessity is voidable, not void, unless and until it is set aside. Here, the ancestral immovable property was gifted to the karta's daughter-in-law with the consent of the other family member, the gift was acted upon, and the donee received the income. No coparcener challenged or annulled it, and the extent of the gift was not found excessive or unreasonable. The Revenue's objection therefore did not displace the appellate finding, and the assessee's position was left undisturbed. Case-Laws Income Tax Fri, 14 May 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67824