https://www.taxtmi.com/caselaws?id=36356 Gift-tax exemption under section 5(1)(viii) was available where the Tribunal found that Manickam Gupta made the gift to his wife as the real state of affairs, with no evidence to show otherwise. The decisive issue was whether he acted as husband or as karta of the Hindu undivided family; on the facts accepted, the gift of family property shares to the spouse satisfied the statutory condition for exemption. The question was answered in favour of the assessee. en-us Mon, 10 Dec 1979 00:00:00 +0530 Mon, 22 Mar 2010 10:02:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36356 Gift-tax exemption under section 5(1)(viii) was available where the Tribunal found that Manickam Gupta made the gift to his wife as the real state of affairs, with no evidence to show otherwise. The decisive issue was whether he acted as husband or as karta of the Hindu undivided family; on the facts accepted, the gift of family property shares to the spouse satisfied the statutory condition for exemption. The question was answered in favour of the assessee. Case-Laws Income Tax Mon, 10 Dec 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36356