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1994 (7) TMI 50 - RAJASTHAN HIGH COURTExtract: .......y, the coparcener has the right against the karta and the gift cannot be said to be valid. In the present case, the amount of Rs. 5,000 gifted to Master Arvind Kumar cannot be said to be unreasonable, and therefore, is not invalid Consequently, the reference is answered partly in favour of the Revenue and against the assessee. No order as to costs.
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