https://www.taxtmi.com/caselaws?id=36914 Property allotted by a Hindu joint family to daughters may fall outside gift-tax where the transfer is made in discharge of the family's binding duty to maintain and provide for their marriage, because such an allotment is not voluntary and is supported by consideration in the form of satisfaction of a legal obligation. A separate allotment to married daughters may also qualify for the marriage-gift exemption if it is intended as a gift on the occasion of marriage, even when formalised later in a partition deed or settlement. On the facts noted, the Tribunal's view that the allotments were not exigible to gift-tax was sustained. en-us Wed, 16 Aug 1978 00:00:00 +0530 Thu, 25 Mar 2010 12:56:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36914 Property allotted by a Hindu joint family to daughters may fall outside gift-tax where the transfer is made in discharge of the family's binding duty to maintain and provide for their marriage, because such an allotment is not voluntary and is supported by consideration in the form of satisfaction of a legal obligation. A separate allotment to married daughters may also qualify for the marriage-gift exemption if it is intended as a gift on the occasion of marriage, even when formalised later in a partition deed or settlement. On the facts noted, the Tribunal's view that the allotments were not exigible to gift-tax was sustained. Case-Laws Income Tax Wed, 16 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36914