https://www.taxtmi.com/caselaws?id=27539 The court ruled in favor of the assessee and against the Revenue. It held that the transfer of property to the wife in lieu of deferred dower is valid and constitutes adequate consideration under Section 64(1)(iv) of the Income Tax Act, 1961. The court also confirmed the husband's right to pay deferred dower before the dissolution of marriage. Consequently, the court affirmed that the payment made by the assessee towards the liquidation of the Meher debt to his wife is for adequate consideration. No costs were awarded in both cases. en-us Mon, 22 Apr 1985 00:00:00 +0530 Sat, 13 Feb 2010 14:11:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27539 The court ruled in favor of the assessee and against the Revenue. It held that the transfer of property to the wife in lieu of deferred dower is valid and constitutes adequate consideration under Section 64(1)(iv) of the Income Tax Act, 1961. The court also confirmed the husband's right to pay deferred dower before the dissolution of marriage. Consequently, the court affirmed that the payment made by the assessee towards the liquidation of the Meher debt to his wife is for adequate consideration. No costs were awarded in both cases. Case-Laws Income Tax Mon, 22 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27539