https://www.taxtmi.com/caselaws?id=7103 An oral transfer of immovable property of substantial value in satisfaction of a dower debt was ineffective because such a transaction amounted to a Hiba Biliwaz and required a registered instrument; without registration, title did not pass. As the intended transfer failed, the property continued to belong to the transferor, so section 16(3) of the Indian Income-tax Act, 1922 did not alter the position and the income remained assessable in the assessee's hands. The reference was answered in favour of the Revenue, with the alleged transfer held invalid and the property income held taxable in the transferor's assessable income. en-us Wed, 15 Nov 1967 00:00:00 +0530 Tue, 10 Feb 2009 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7103 An oral transfer of immovable property of substantial value in satisfaction of a dower debt was ineffective because such a transaction amounted to a Hiba Biliwaz and required a registered instrument; without registration, title did not pass. As the intended transfer failed, the property continued to belong to the transferor, so section 16(3) of the Indian Income-tax Act, 1922 did not alter the position and the income remained assessable in the assessee's hands. The reference was answered in favour of the Revenue, with the alleged transfer held invalid and the property income held taxable in the transferor's assessable income. Case-Laws Income Tax Wed, 15 Nov 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7103