https://www.taxtmi.com/caselaws?id=57426 Section 64 of the Income-tax Act, 1961 was held inapplicable to income arising from property outright gifted by an individual to a Hindu undivided family. The deeming fiction under the clubbing provision was confined to conversion of individual property into joint family property, which is treated as a transfer for clubbing purposes. An outright gift to an HUF was treated as a different transaction, and in the absence of express statutory language, the income from such gifted property could not be added back in the donor's hands. The addition was therefore not sustainable. en-us Thu, 07 May 1987 00:00:00 +0530 Fri, 10 Dec 2010 11:26:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57426 Section 64 of the Income-tax Act, 1961 was held inapplicable to income arising from property outright gifted by an individual to a Hindu undivided family. The deeming fiction under the clubbing provision was confined to conversion of individual property into joint family property, which is treated as a transfer for clubbing purposes. An outright gift to an HUF was treated as a different transaction, and in the absence of express statutory language, the income from such gifted property could not be added back in the donor's hands. The addition was therefore not sustainable. Case-Laws Income Tax Thu, 07 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57426