https://www.taxtmi.com/caselaws?id=14467 The Tribunal found that the document dated 15th Sept., 1971, creating a life interest in certain lands for the wife and mother was not a gift deed but a deed of family arrangement. The provision for maintenance was deemed a creation of life interest in lieu of pre-existing right to maintenance, not a transfer without consideration. The legal representatives failed to appear in court, resulting in the reference being returned without recording an answer. The Tribunal's interpretation was upheld, ruling in favor of the assessee against the Revenue's contentions. en-us Mon, 02 Nov 1998 00:00:00 +0530 Thu, 16 Jul 2009 11:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14467 The Tribunal found that the document dated 15th Sept., 1971, creating a life interest in certain lands for the wife and mother was not a gift deed but a deed of family arrangement. The provision for maintenance was deemed a creation of life interest in lieu of pre-existing right to maintenance, not a transfer without consideration. The legal representatives failed to appear in court, resulting in the reference being returned without recording an answer. The Tribunal's interpretation was upheld, ruling in favor of the assessee against the Revenue's contentions. Case-Laws Income Tax Mon, 02 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14467