https://www.taxtmi.com/caselaws?id=277518 The court upheld the validity of the gift deed, even with the donor retaining possession and the right to receive rents during her lifetime. The appeal was dismissed, affirming that the gift was validly executed and accepted, and that the revocation deed was null and void. The court reiterated that under Sections 122 and 123 of the Transfer of Property Act, delivery of possession is not required for a valid gift of immovable property. en-us Thu, 17 Jul 2014 00:00:00 +0530 Thu, 06 Dec 2018 18:25:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277518 The court upheld the validity of the gift deed, even with the donor retaining possession and the right to receive rents during her lifetime. The appeal was dismissed, affirming that the gift was validly executed and accepted, and that the revocation deed was null and void. The court reiterated that under Sections 122 and 123 of the Transfer of Property Act, delivery of possession is not required for a valid gift of immovable property. Case-Laws Indian Laws Thu, 17 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277518