https://www.taxtmi.com/caselaws?id=21921 A transfer of immovable property by a grandfather to his grandson for reduced consideration, with the deed reciting that the reduction was due to natural love and affection, fell within the Chapter XX-A exclusion under section 269Q. A grandson was treated as a relative, and the statutory recital requirement was satisfied by the transfer deeds themselves. On that footing, the Valuation Officer reference could not be sustained, and the consequential notices were quashed. The court also treated the objection that the writ petitions were premature as merely technical, since the Department had not disputed that the transfer was made out of natural love and affection. en-us Wed, 28 Aug 1991 00:00:00 +0530 Fri, 04 Dec 2009 12:11:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21921 A transfer of immovable property by a grandfather to his grandson for reduced consideration, with the deed reciting that the reduction was due to natural love and affection, fell within the Chapter XX-A exclusion under section 269Q. A grandson was treated as a relative, and the statutory recital requirement was satisfied by the transfer deeds themselves. On that footing, the Valuation Officer reference could not be sustained, and the consequential notices were quashed. The court also treated the objection that the writ petitions were premature as merely technical, since the Department had not disputed that the transfer was made out of natural love and affection. Case-Laws Income Tax Wed, 28 Aug 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21921