https://www.taxtmi.com/caselaws?id=7332 Where gift deeds do not clearly create a family asset, the donor's intention must be gathered from the instrument and surrounding circumstances to decide whether the transfer was to the sons personally or for the Hindu undivided family. On the facts stated, the recitals showed an absolute gift to the sons eo nomine and the later partition references did not alter the character of the original transfer, so the properties were treated as the assessee's self-acquired property. Once that character was established, the subsequent credit entries in favour of the sons were regarded as a voluntary disposition of the assessee's own property and therefore constituted a taxable gift under the Gift-tax Act. en-us Fri, 19 Jul 1968 00:00:00 +0530 Wed, 18 Feb 2009 08:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7332 Where gift deeds do not clearly create a family asset, the donor's intention must be gathered from the instrument and surrounding circumstances to decide whether the transfer was to the sons personally or for the Hindu undivided family. On the facts stated, the recitals showed an absolute gift to the sons eo nomine and the later partition references did not alter the character of the original transfer, so the properties were treated as the assessee's self-acquired property. Once that character was established, the subsequent credit entries in favour of the sons were regarded as a voluntary disposition of the assessee's own property and therefore constituted a taxable gift under the Gift-tax Act. Case-Laws Income Tax Fri, 19 Jul 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7332