https://www.taxtmi.com/caselaws?id=57633 A sole surviving coparcener, after the presumed death of a missing son and an earlier partition, was treated as entitled to deal with the family property as his own for purposes of alienation. Applying the rule that a person not heard of for seven years may be presumed dead, the assessee remained the only surviving coparcener in relation to the partitioned property and could validly gift it. The property received on partition was therefore disposable by gift on the facts, and the gifted asset was excluded from the assessee's net wealth. The principle applied was that partitioned property may be alienated absolutely by the recipient when no other coparcener survives. en-us Tue, 04 Oct 1983 00:00:00 +0530 Sat, 11 Dec 2010 12:16:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57633 A sole surviving coparcener, after the presumed death of a missing son and an earlier partition, was treated as entitled to deal with the family property as his own for purposes of alienation. Applying the rule that a person not heard of for seven years may be presumed dead, the assessee remained the only surviving coparcener in relation to the partitioned property and could validly gift it. The property received on partition was therefore disposable by gift on the facts, and the gifted asset was excluded from the assessee's net wealth. The principle applied was that partitioned property may be alienated absolutely by the recipient when no other coparcener survives. Case-Laws Wealth-tax Tue, 04 Oct 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57633