https://www.taxtmi.com/caselaws?id=27500 A partial partition of Hindu undivided family property, even where allotment to the wife of a coparcener and minor children is not arithmetically equal, was held not to amount to a transfer in the ordinary legal sense. The Court construed the definitions of "gift" and "transfer of property" in the Gift-tax Act in the context of Hindu law partition and applied the principle that a partition is not a disposition, conveyance, assignment, settlement, delivery, payment or other alienation of property. On that basis, the allotment on partition did not constitute a gift by the HUF and gift-tax was not chargeable. en-us Fri, 09 Mar 1984 00:00:00 +0530 Sat, 13 Feb 2010 12:30:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27500 A partial partition of Hindu undivided family property, even where allotment to the wife of a coparcener and minor children is not arithmetically equal, was held not to amount to a transfer in the ordinary legal sense. The Court construed the definitions of "gift" and "transfer of property" in the Gift-tax Act in the context of Hindu law partition and applied the principle that a partition is not a disposition, conveyance, assignment, settlement, delivery, payment or other alienation of property. On that basis, the allotment on partition did not constitute a gift by the HUF and gift-tax was not chargeable. Case-Laws Income Tax Fri, 09 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27500