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1980 (6) TMI 75 - AT - Income TaxExtract: .......Karta of the HUF made gift out of HUF property to wife and children of his brother and when the question came before their Lordships whether Karta could make valid gift out of his HUF properties, their Lordships reply was in affirmative and the said case is reported in May 1980 3 Tax Man 424 (3). 9. In the result, the Revenue s appeal is dismissed.
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