https://www.taxtmi.com/caselaws?id=19308 A transfer by a father to his unmarried daughters in discharge of a legally enforceable duty to maintain and provide for their marriage was treated as supported by valid consideration. Because that consideration was adequate and capable of being assessed in money, the transfer did not fall within the part of section 2(xii) of the Gift-tax Act, 1958 that applies only to transfers without consideration. The obligation under section 20 of the Hindu Adoptions and Maintenance Act, 1956, was accepted as lawful consideration, so the transaction was not a taxable gift. en-us Thu, 01 Sep 1994 00:00:00 +0530 Thu, 05 Nov 2009 13:08:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19308 A transfer by a father to his unmarried daughters in discharge of a legally enforceable duty to maintain and provide for their marriage was treated as supported by valid consideration. Because that consideration was adequate and capable of being assessed in money, the transfer did not fall within the part of section 2(xii) of the Gift-tax Act, 1958 that applies only to transfers without consideration. The obligation under section 20 of the Hindu Adoptions and Maintenance Act, 1956, was accepted as lawful consideration, so the transaction was not a taxable gift. Case-Laws Income Tax Thu, 01 Sep 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19308