https://www.taxtmi.com/caselaws?id=38562 A Muslim husband's oral transfer of immovable property to his wife in discharge of dower debt is treated as hiba-bil-iwaz in India and, in substance, as a sale, not a pure gift. Because immovable property valued above one hundred rupees can pass only by a registered instrument, such a transfer is ineffective without registration, and the house income remains assessable in the husband's hands. In income-tax matters, each assessment year is a separate unit; an earlier reference for another year does not ordinarily create res judicata or estoppel for the later assessment unless the issue was finally determined. en-us Tue, 08 Nov 1977 00:00:00 +0530 Wed, 07 Apr 2010 12:30:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38562 A Muslim husband's oral transfer of immovable property to his wife in discharge of dower debt is treated as hiba-bil-iwaz in India and, in substance, as a sale, not a pure gift. Because immovable property valued above one hundred rupees can pass only by a registered instrument, such a transfer is ineffective without registration, and the house income remains assessable in the husband's hands. In income-tax matters, each assessment year is a separate unit; an earlier reference for another year does not ordinarily create res judicata or estoppel for the later assessment unless the issue was finally determined. Case-Laws Income Tax Tue, 08 Nov 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38562