https://www.taxtmi.com/caselaws?id=19167 Separate property thrown into the common stock of a Hindu undivided family was considered in relation to wealth-tax treatment under section 4(1A) of the Wealth-tax Act, 1957, where the wife and unmarried daughters had only maintenance rights and no coparcenary or partition rights. The text explains that such property does not lose its legal character merely by being mixed with the family hotchpot. It also explains that gifts made out of that property to the wife and minor daughters were excludible from net wealth under the proviso to section 4(1)(a) where the transfers were chargeable to gift-tax, so the same assets could not again be included in the transferor's wealth. en-us Thu, 10 Nov 1994 00:00:00 +0530 Wed, 04 Nov 2009 13:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19167 Separate property thrown into the common stock of a Hindu undivided family was considered in relation to wealth-tax treatment under section 4(1A) of the Wealth-tax Act, 1957, where the wife and unmarried daughters had only maintenance rights and no coparcenary or partition rights. The text explains that such property does not lose its legal character merely by being mixed with the family hotchpot. It also explains that gifts made out of that property to the wife and minor daughters were excludible from net wealth under the proviso to section 4(1)(a) where the transfers were chargeable to gift-tax, so the same assets could not again be included in the transferor's wealth. Case-Laws Wealth-tax Thu, 10 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19167