TMI BlogGifts by HUF on daughter's marriage-Whether taxable under the Gift-tax Act, 1958X X X X Extracts X X X X X X X X Extracts X X X X ..... nder 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 gave jewellery, cash and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ave 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 accepted, in principle, t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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