fall within the definition of a gift as defined U/s 2(xii)
of the Gift Tax Act, 1958 .
4 ITA No.199(Asr)/2015 ... unrestricted power to take it
back the next minute.
c. That conditional/revocable gift being outside the preview of a
valid gift does not constitute
registration.
of
Therefore, the said conditional gift deeddated 15.5.65
is hereby cancelled and meaningless. The property
under the conditional gift has not been ... agreement
for revocation. In such circumstances the deed of gift is not
at all a gift because if somebody agrees to gift some property
that gift deed was a result of fraud,
undue influence and misrepresentation exercised by the defendant
upon the plaintiff. It further held that gift deed ... plaintiff that the alleged gift deed was a conditional gift deed and
breach of conditions so contemplated therein warranted revocation of
the same demonstrated that
gift revocable at the mere Will of
the donor is void. The Sub~registrar cannot decide
whether there was consent for revocation outside the
document ... donee, the gift itself is void. Since we are dealing
with unilateral cancellation, the power of
registration of cancellation or revocation of gift deed
cannot
life time and no right of
revocation was reserved, the document is "gift" and not a
"will". Relevant paras ... should pay the
taxes thereafter. On these conditions the suit
.
property was given in gift to the plaintiff No. 3
and in spit of this
gift deed on 30.10.1987 in favour
of the defendants. However, the said suit was filed by the plaintiff
praying for revocation of the said gift ... learned counsel for the petitioner has
submitted that the gift deed was a conditional gift and as those
conditions were not fulfilled, the suit
declaration that the revocation deed dated
25.10.1977 (Ext.A2) revoking the Ext.A1 deed
and the gift deed dated ... Will or a Gift.
Proceeding on the basis that it was a
settlement deed the trial Court held that the
conditions subject to which
Kerala Town and Country Planning Act, 2016
KERALA
India
Kerala Town and Country Planning Act
The Indian Hotels Company Ltd vs New Delhi Municipal Council on 5 September, 2016
Author
Telefonaktiebolaget Lm Ericsson ... vs Competition Commission Of India And ... on 30 March, 2016
Author: Vibhu
