https://www.taxtmi.com/caselaws?id=70670 The Tribunal dismissed the Revenue's appeals, confirming that the property transfer to Smt. D. Janaki was part of a valid family settlement and Stridhan agreement, in compliance with the Hindu Succession (Tamilnadu Amendment) Act, 1989. The transfer was not deemed a gift under the Gift-tax Act and was not subject to capital gains tax, aligning with the CGT(A)'s ruling. en-us Mon, 31 Jul 2006 00:00:00 +0530 Mon, 18 Apr 2011 14:23:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70670 The Tribunal dismissed the Revenue's appeals, confirming that the property transfer to Smt. D. Janaki was part of a valid family settlement and Stridhan agreement, in compliance with the Hindu Succession (Tamilnadu Amendment) Act, 1989. The transfer was not deemed a gift under the Gift-tax Act and was not subject to capital gains tax, aligning with the CGT(A)'s ruling. Case-Laws Income Tax Mon, 31 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70670