https://www.taxtmi.com/caselaws?id=70382 Marriage presents of jewellery, silver articles and cash made by a Hindu father to his daughter on her marriage, out of self-acquired property, were not treated as a gift under section 2(xii) of the Gift-tax Act because a taxable gift requires a voluntary transfer without consideration in money or money's worth. The father's statutory duty to maintain his unmarried daughter under the Hindu Adoption and Maintenance Act, 1956, including reasonable marriage expenses as part of maintenance, extends to self-acquired property as well as joint family property. Accordingly, a reasonable marriage settlement made in discharge of that obligation is supported by consideration and is not a voluntary transfer; the presents were therefore not liable to gift-tax. en-us Wed, 23 Mar 1988 00:00:00 +0530 Fri, 15 Apr 2011 18:21:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70382 Marriage presents of jewellery, silver articles and cash made by a Hindu father to his daughter on her marriage, out of self-acquired property, were not treated as a gift under section 2(xii) of the Gift-tax Act because a taxable gift requires a voluntary transfer without consideration in money or money's worth. The father's statutory duty to maintain his unmarried daughter under the Hindu Adoption and Maintenance Act, 1956, including reasonable marriage expenses as part of maintenance, extends to self-acquired property as well as joint family property. Accordingly, a reasonable marriage settlement made in discharge of that obligation is supported by consideration and is not a voluntary transfer; the presents were therefore not liable to gift-tax. Case-Laws Income Tax Wed, 23 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70382