https://www.taxtmi.com/caselaws?id=8379 Blending self-acquired property into the common hotchpotch of a Hindu undivided family is a unilateral act by which the owner abandons separate rights and impresses the property with joint family character. Because there is no bilateral transfer, donor, donee, or acceptance, the act does not amount to a gift under the Gift-tax Act, 1958, and section 2(xxiv)(d) applies only to a transaction between one person and another. The distinction between a male coparcener and a female member does not alter the tax character of the act. It was therefore not a gift within the Act. en-us Thu, 18 Mar 1971 00:00:00 +0530 Fri, 10 Apr 2009 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8379 Blending self-acquired property into the common hotchpotch of a Hindu undivided family is a unilateral act by which the owner abandons separate rights and impresses the property with joint family character. Because there is no bilateral transfer, donor, donee, or acceptance, the act does not amount to a gift under the Gift-tax Act, 1958, and section 2(xxiv)(d) applies only to a transaction between one person and another. The distinction between a male coparcener and a female member does not alter the tax character of the act. It was therefore not a gift within the Act. Case-Laws Income Tax Thu, 18 Mar 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8379