https://www.taxtmi.com/caselaws?id=16803 Transfers structured as an indirect device to secure the statutory benefit or avoid the operation of section 9(2) of the Agricultural Income-tax Act, 1950 were treated as not independent and unconnected where the two gift documents were found to benefit the wife and minors. Because the original assessments had not considered these material transactions, suo motu revision under section 34 was justified. The revisional conclusion that the gifts fell within the mischief of section 9(2) was upheld, and the Revenue's position prevailed. en-us Thu, 05 Sep 1996 00:00:00 +0530 Sat, 12 Sep 2009 13:02:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16803 Transfers structured as an indirect device to secure the statutory benefit or avoid the operation of section 9(2) of the Agricultural Income-tax Act, 1950 were treated as not independent and unconnected where the two gift documents were found to benefit the wife and minors. Because the original assessments had not considered these material transactions, suo motu revision under section 34 was justified. The revisional conclusion that the gifts fell within the mischief of section 9(2) was upheld, and the Revenue's position prevailed. Case-Laws Income Tax Thu, 05 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16803