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    <title>1985 (1) TMI 103 -  ITAT CALCUTTA-B</title>
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    <description>A sole surviving coparcener may deal with coparcenary property as separate property, so a transfer to unmarried daughters was not void merely because it came from joint family assets. The amounts set apart for the daughters&#039; education were treated as a valid family arrangement and partial partition, made in discharge of the legal obligation to maintain and educate them. Because the transfer was supported by legal consideration and was not a voluntary disposition without consideration in money or money&#039;s worth, it did not constitute a gift or deemed gift under the Gift-tax Act.</description>
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    <pubDate>Tue, 08 Jan 1985 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=60208</link>
      <description>A sole surviving coparcener may deal with coparcenary property as separate property, so a transfer to unmarried daughters was not void merely because it came from joint family assets. The amounts set apart for the daughters&#039; education were treated as a valid family arrangement and partial partition, made in discharge of the legal obligation to maintain and educate them. Because the transfer was supported by legal consideration and was not a voluntary disposition without consideration in money or money&#039;s worth, it did not constitute a gift or deemed gift under the Gift-tax Act.</description>
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      <pubDate>Tue, 08 Jan 1985 00:00:00 +0530</pubDate>
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