https://www.taxtmi.com/caselaws?id=6891 A purported reconveyance of joint family property by a coparcener was treated as not constituting a taxable gift under the Gift-tax Act because, under Hindu law, a coparcener or manager cannot validly gift the entirety of joint family property to an outsider. The son's interest was also vulnerable to challenge by a posthumous coparcener in the womb, and the transaction was characterised as nominal and void. As a void transfer need not be avoided before its legal effect is disregarded, the deed could not be taxed as a valid gift. en-us Wed, 05 Oct 1966 00:00:00 +0530 Fri, 06 Feb 2009 19:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6891 A purported reconveyance of joint family property by a coparcener was treated as not constituting a taxable gift under the Gift-tax Act because, under Hindu law, a coparcener or manager cannot validly gift the entirety of joint family property to an outsider. The son's interest was also vulnerable to challenge by a posthumous coparcener in the womb, and the transaction was characterised as nominal and void. As a void transfer need not be avoided before its legal effect is disregarded, the deed could not be taxed as a valid gift. Case-Laws Income Tax Wed, 05 Oct 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6891