Section 26

Gift Tax Act, Sec. 26(3)

Rajasthan H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that transfer of immovable properties by the assessee to his minor sons, specifically for the purpose of their education, was not in the nature of gift in view of Hon’ble Madras High Court’s decision in CGT vs. N. Jothi Kumar (1985) 44 CTR (Mad) 208 : (1986) 157 ITR 785 (Mad) without considering the facts of the two cases in detail?

High Court Of Rajasthan : Jaipur Bench Commissioner Of Gift Tax vs. Nizamuddin Section GT 26(3) Asst. Year 1983-84 N.N.

Gift Tax Act, Sec. 26(3), Sec. 4, Sec. 4(1)(c), Section 26

Delhi H.C : This is a petition under s. 26(3) of the GT Act, 1958 (in short “the Act”). The only question that was considered by the Revenue and the Income-tax Appellate Tribunal, Delhi Bench “A”, New Delhi (in short, “the Tribunal”), whether there was a gift in terms of s. 4(1)(c) of the Act for the asst. yr. 1978-79.

High Court Of Delhi Commissioner Of Wealth Tax vs. Santokh Singh Sections GT 4(1)(c), GT 26(3) Asst. Year 1978-79 Arijit

Scroll to Top
Malcare WordPress Security