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Transfer of Property Act deals with gifts, and Section 122 defines "gift" as " the transfer of certain existing moveable ... says (p. 430):--"Therefore a gift is a transfer, and the transfer of immoveable property gifted cannot be effected except
Bombay High Court
- Cites 43 - Cited by 4 -
(1925) 27 BOMLR 290
- Jj.
Property Act shall amount to gift under the Gift Tax Act. The concept of gift under the Gift ... under : "To make a gift of immovable property, the property must be transferred and that transfer must be effected
Madras High Court
- Cites 20 - Cited by 1 -
(2000) 158 CTR Mad 5
- N V Balasubramaian
Transfer of Property Act reads as follows : 'Gift defined-'Gift' is the transfer of certain existing movable or immovable property ... gifts were subsequently cancelled by him. 13. And now, what is a gift ? A gift must be the unconditional transfer
Income Tax Appellate Tribunal - Cochin
- Cites 22 - Cited by 1 -
2005 145 TAXMAN 18 Coch
whereas "gift" has been defined under Section 2(xii) as under: "'Gift' means the transfer by one person to another ... Property Act shall amount to gift under the Gift-tax Act. The concept of gift under the Gift
Rajasthan High Court
- Cites 24 - Cited by 0 -
1985 156 ITR 714 Raj
- Bhargava
that, for the purpose of making a gift of immovable property, the transfer must be effected by a registered instrument ... complete. Therefore, gift of immovable property is not complete till the properties transferred by registered deed. Since the assessee
Income Tax Appellate Tribunal - Madras
- Cites 12 - Cited by 0 -
2002 81 ITD 182 Mad
properties so transferred. For effecting the transfer in the village records consequent upon the transfer deed itself, the transferee ... whether Gift Tax Act can have a concept of "transfer" that is independent of Transfer of Property Act. In other
Income Tax Appellate Tribunal - Cochin
- Cites 16 - Cited by 0 -
2005 94 ITD 44 Coch
view that a transfer of property by way of a gift being a purely gratuitous transfer made out of love ... Permanent Edition) defines gift thus: "A 'gift' is a voluntary transfer of property without compensation or any consideration. A 'gift
Supreme Court of India
- Cites 18 - Cited by 38 -
1981 SCR (3) 239
gift within the meaning of the Gift-tax Act. 6. The word " gift" is denned in the Gift ... word "gift" under the Gift-tax Act. Gift is defined to include the transfer of property deemed
Madras High Court
- Cites 14 - Cited by 11 -
(1966) 2 MLJ 112
- P Kailasam
assessee that there was no transfer of property or any gift, was overruled. The appeal by the assessee ... properties, the Gift Tax Officer determined the value of gift at Rs. 1,08,911 and levied gift
Madras High Court
- Cites 34 - Cited by 6 -
AIR 1970 Mad 441
- Natesan
Gifts Tax Act or the Transfer of Property Act that a gift can only be made "on an occasion ... gift are that there should be transfer, by one person to another, of any existing movable or immovable property. Further
Income Tax Appellate Tribunal - Delhi
- Cites 26 - Cited by 0 -
(2008) 113 TTJ Delhi 178
- P Parashar
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