https://www.taxtmi.com/caselaws?id=68916 The 1948 settlement deeds were construed as a whole and found to keep the properties within the family, with only one-fourth of the net income earmarked for charity. That arrangement created a charge in favour of the charity, not an absolute dedication or endowment of the properties. The restraint on alienation was void under Section 10 of the Transfer of Property Act, so the settlee retained power to deal with the properties. On that basis, the 1970 settlement deeds could not be treated as invalid. en-us Thu, 10 Jan 1980 00:00:00 +0530 Sat, 02 Apr 2011 13:21:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68916 The 1948 settlement deeds were construed as a whole and found to keep the properties within the family, with only one-fourth of the net income earmarked for charity. That arrangement created a charge in favour of the charity, not an absolute dedication or endowment of the properties. The restraint on alienation was void under Section 10 of the Transfer of Property Act, so the settlee retained power to deal with the properties. On that basis, the 1970 settlement deeds could not be treated as invalid. Case-Laws Income Tax Thu, 10 Jan 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68916