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1970 (5) TMI 27 - SC - Income TaxWhether, on the facts and in the circumstances of the case, the provisions of the Gift-tax Act are attracted in respect of the sum of ₹ 70,000 thrown into the hotchpotch of the assessee's joint family by the assessee ? Held that:- Since the donor happened to be a member of the Hindu undivided family to which the gift in question had been made, the gift to the extent of the donor's share in the said amount was exempt, he brought to tax the balance of amount under the provisions of the Gift-tax Act
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