https://www.taxtmi.com/caselaws?id=70194 A unilateral declaration by which an individual throws self-acquired property into the common hotchpot of a Hindu undivided family does not amount to a disposition or an extinguishment of rights for estate duty purposes. The Tribunal treated the direct authority on impressing self-acquired property with joint family character as controlling, and distinguished the Revenue's Supreme Court reliance as dealing with partition of HUF property rather than unilateral conversion. On that basis, the deeming provision under Section 27(1) of the Estate Duty Act read with Explanation 2 to Section 2(15) was not attracted, so the full value of the property could not be included on that footing. en-us Fri, 29 Feb 1980 00:00:00 +0530 Thu, 14 Apr 2011 17:43:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70194 A unilateral declaration by which an individual throws self-acquired property into the common hotchpot of a Hindu undivided family does not amount to a disposition or an extinguishment of rights for estate duty purposes. The Tribunal treated the direct authority on impressing self-acquired property with joint family character as controlling, and distinguished the Revenue's Supreme Court reliance as dealing with partition of HUF property rather than unilateral conversion. On that basis, the deeming provision under Section 27(1) of the Estate Duty Act read with Explanation 2 to Section 2(15) was not attracted, so the full value of the property could not be included on that footing. Case-Laws Income Tax Fri, 29 Feb 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70194