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1997 (5) TMI 4 - SC - Income TaxWhether the Tribunal was right in law in holding that the gifts of immovable properties belonging to the joint family made by its karta to his minor daughters were not invalid and that, therefore, the value should not be included in the assessment of the assessee-family - Since the Revenue has already treated these gifts as valid gifts for the purpose of gift-tax, it is not open to the Revenue to assail the said gifts in connection with the income-tax and wealth-tax assessments
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