Gifts by HUF on daughter's marriage-Whether taxable under the Gift-tax Act, 1958

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... marriage-Whether taxable under the Gift-tax Act, 1958 Circular No. 419 Dated 1/6/1985 In the case of CGT v. Basant Kumar Aditya Vikram Birla [1982] 137 ITR 72, the Karta of the assessee-HUF ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....daughter has a right to have the expenses of her marriage incurred out of the joint family fund. The joint family is under a legal obligation to provide for such marriage expenses. The Department has ....