https://www.taxtmi.com/caselaws?id=7694 A Hindu father's unilateral blending of self-acquired property into the joint family hotchpot is not a gift under the Gift-tax Act, 1958, because it is effected by his own volition and does not involve a bilateral transfer of property between two persons. It also does not amount to a transfer under the main definition, since no legal title passes by a communicative transaction. The deemed-gift provisions are likewise inapplicable, as they require a qualifying transfer or statutory diminution in value, which blending does not satisfy. The property therefore does not attract gift-tax. en-us Tue, 16 Dec 1969 00:00:00 +0530 Tue, 17 Mar 2009 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7694 A Hindu father's unilateral blending of self-acquired property into the joint family hotchpot is not a gift under the Gift-tax Act, 1958, because it is effected by his own volition and does not involve a bilateral transfer of property between two persons. It also does not amount to a transfer under the main definition, since no legal title passes by a communicative transaction. The deemed-gift provisions are likewise inapplicable, as they require a qualifying transfer or statutory diminution in value, which blending does not satisfy. The property therefore does not attract gift-tax. Case-Laws Income Tax Tue, 16 Dec 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7694