1976 (10) TMI 34

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..... A REDDY, ACTG. C.J.-- Jai Chand, karta of a Hindu undivided family, made a gift of certain amounts of money in favour of his wife. The gifts were made through the books of account of M/s. Kanshi Ram Doongarshi Dass, the transfers being made from the fund of the Hindu undivided family of which Jai Chand was the karta. The Income-tax Appellate Tribunal, purporting to follow the decision of the Andhr .....

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..... Venkappa Rao v. Commissioner of Gift-tax [1974] 95 ITR 313 (AP) the learned judges, upon construction of the respective deeds of gift, held that there was nothing to indicate that the gift was being made in any capacity other than as husband. When the Tribunal found in the present case that the case of the Andhra Pradesh High Court, Jana Veera Bhadrayya v. Commissioner of Gift-tax [1966] 59 ITR 17 .....

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