https://www.taxtmi.com/caselaws?id=67926 The Appellate Tribunal ITAT Jaipur found gifts made for natural love and affection to be valid but subject to income clubbing provisions under s. 64 of the IT Act. Despite acknowledging the validity of the gifts, the Tribunal highlighted circumvention tactics and upheld the application of clubbing provisions. The appeals of the assessees were allowed based on this analysis. en-us Fri, 12 Sep 1986 00:00:00 +0530 Tue, 15 Mar 2011 17:13:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67926 The Appellate Tribunal ITAT Jaipur found gifts made for natural love and affection to be valid but subject to income clubbing provisions under s. 64 of the IT Act. Despite acknowledging the validity of the gifts, the Tribunal highlighted circumvention tactics and upheld the application of clubbing provisions. The appeals of the assessees were allowed based on this analysis. Case-Laws Income Tax Fri, 12 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67926