https://www.taxtmi.com/caselaws?id=284952 A Hindu father and karta may validly gift coparcenary movable property to his minor coparcener-son within the limits recognised by Hindu law; a transfer made without legal necessity is not void ab initio but voidable at the instance of affected coparceners. On that footing, the gift to the only other coparcener was treated as valid. The commentary further notes that section 16(3)(a)(iv) of the Income-tax Act, 1922 applies only in computing the total income of an individual, so it could not be used to club the minor son's partnership share income in the assessment of a Hindu undivided family. The income was therefore not taxable in the family's hands. en-us Tue, 08 Sep 1964 00:00:00 +0530 Wed, 18 Dec 2019 11:26:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284952 A Hindu father and karta may validly gift coparcenary movable property to his minor coparcener-son within the limits recognised by Hindu law; a transfer made without legal necessity is not void ab initio but voidable at the instance of affected coparceners. On that footing, the gift to the only other coparcener was treated as valid. The commentary further notes that section 16(3)(a)(iv) of the Income-tax Act, 1922 applies only in computing the total income of an individual, so it could not be used to club the minor son's partnership share income in the assessment of a Hindu undivided family. The income was therefore not taxable in the family's hands. Case-Laws Income Tax Tue, 08 Sep 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284952