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1964 (11) TMI 9 - SC - Income TaxWhether on the facts and circumstances of this case the throwing into the hotchpotch of the applicant's self-acquired property and the subsequent partition among the members of the Hindu undivided family is an indirect transfer of property so far as the wife and minor son are concerned, within the meaning of section 16(3)(a)(iii) and (iv) of the Income-tax Act ? Held that:- When the joint Hindu family property was partitioned, there was no transfer of assets within section 16(3)(a)(iii) and (iv) to the wife or the minor son. Appeal dismissed.
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