https://www.taxtmi.com/caselaws?id=37221 A Hindu undivided family can exist even with one male coparcener and female members, and property received on partition may continue to retain joint family character in the hands of the karta. The decisive test is the character of the property, not merely the existence of management or alienation powers. Where the property remains HUF property, a settlement by the karta in favour of minor daughters is treated as a transfer of family property, not an individual transfer of separate assets, so the provision taxing transfers by an individual to minor children does not apply. en-us Tue, 13 Mar 1979 00:00:00 +0530 Sat, 27 Mar 2010 15:18:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37221 A Hindu undivided family can exist even with one male coparcener and female members, and property received on partition may continue to retain joint family character in the hands of the karta. The decisive test is the character of the property, not merely the existence of management or alienation powers. Where the property remains HUF property, a settlement by the karta in favour of minor daughters is treated as a transfer of family property, not an individual transfer of separate assets, so the provision taxing transfers by an individual to minor children does not apply. Case-Laws Income Tax Tue, 13 Mar 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37221