1982 (5) TMI 115 - AT - Income Tax

Summary

The judgment by Appellate Tribunal ITAT Jaipur in 1982 (5) TMI 115 involved five appeals for asst. yrs. 1973-74 to 1977-78 regarding a gift of immovable property by a HUF. The AAC held the gift was not void under Hindu Law and should be considered as belonging to the HUF. The Revenue's appeal was dismissed as the gift was found to be valid.