https://www.taxtmi.com/caselaws?id=28942 Coparcenary property that retains its joint family character cannot be validly gifted by a coparcener to his wife and minor children, and any such deed confers no enforceable rights on the donees. Where the property remains part of the Hindu undivided family, the attempted transfer does not divest the family of title, and the income from the property continues to be assessable in the hands of the HUF. An ineffective gift also cannot create a deductible debt or alter the tax incidence of the property or its sale proceeds. en-us Wed, 07 Apr 1982 00:00:00 +0530 Mon, 08 Mar 2010 17:30:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28942 Coparcenary property that retains its joint family character cannot be validly gifted by a coparcener to his wife and minor children, and any such deed confers no enforceable rights on the donees. Where the property remains part of the Hindu undivided family, the attempted transfer does not divest the family of title, and the income from the property continues to be assessable in the hands of the HUF. An ineffective gift also cannot create a deductible debt or alter the tax incidence of the property or its sale proceeds. Case-Laws Income Tax Wed, 07 Apr 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28942