https://www.taxtmi.com/caselaws?id=38918 Settlement deeds executed by a karta in favour of his married sisters were outside his authority where the properties, obtained on partition, remained ancestral in his hands qua his minor sons. As the beneficiaries were strangers to the family, any provision for them should have been made at the partition itself; the later settlements were therefore treated as wholly void ab initio. On that basis, a void transfer did not amount to a taxable gift under the Gift-tax Act, so no gift-tax liability arose. en-us Mon, 21 Jun 1976 00:00:00 +0530 Sat, 10 Apr 2010 13:24:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38918 Settlement deeds executed by a karta in favour of his married sisters were outside his authority where the properties, obtained on partition, remained ancestral in his hands qua his minor sons. As the beneficiaries were strangers to the family, any provision for them should have been made at the partition itself; the later settlements were therefore treated as wholly void ab initio. On that basis, a void transfer did not amount to a taxable gift under the Gift-tax Act, so no gift-tax liability arose. Case-Laws Income Tax Mon, 21 Jun 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38918