https://www.taxtmi.com/caselaws?id=6880 Self-acquired property deliberately thrown into the Hindu joint family hotchpotch and then partitioned as joint family property does not amount to an indirect transfer to the wife or minor children for anti-avoidance purposes. The decisive point was the assessee's recitals and treatment of the properties as joint family assets, including prior common enjoyment and division after the property had acquired that character. On that basis, the statutory provision invoked by the revenue was not attracted, and the assessment revision could not be sustained; the assessment order was restored in favour of the assessee. en-us Wed, 26 Apr 1967 00:00:00 +0530 Fri, 06 Feb 2009 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6880 Self-acquired property deliberately thrown into the Hindu joint family hotchpotch and then partitioned as joint family property does not amount to an indirect transfer to the wife or minor children for anti-avoidance purposes. The decisive point was the assessee's recitals and treatment of the properties as joint family assets, including prior common enjoyment and division after the property had acquired that character. On that basis, the statutory provision invoked by the revenue was not attracted, and the assessment revision could not be sustained; the assessment order was restored in favour of the assessee. Case-Laws Income Tax Wed, 26 Apr 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6880