oral gift accepted by donee and accompanied by delivery of possession and gift deed executed after ten days but not registered constituted a valid gift ... oral gift. Subsequently, another witness, Mr. Md. Aliuddin Khan, was examined on oath and he also affirmed the terms of oral gift. On a scrutiny
source of cash deposit and also filed copy of gift deed about the
gift from her son and nephew and sale bill/ receipt of gold ... viewthat there is no witness on
the gift deed. In her personal law even oral gift is valid. The
assessee has shown taxable income
document. Persons, who follow the Muslim
religion, can make oral gifts and such gifts are valid in law. The AO,
nevertheless, took a stand that ... oral gift made
ITA No.440/Bang/2014
Page 11 of 13
on 18.8.2008. The gift was not made in writing. An oral gift already
accepted since registered gift deed was
made only in June 2023 and oral gift cannot be regarded as valid
as per provisions of Section ... father and daughter oral gifts is
recognized and going by the Indian custom, the claim of the
assessee that, he has gifted
other words, oral gifts of immovable properties are
permissible in law. Therefore, notwithstanding that the written gift
deed recording the oral gift of money ... executed only on 12th August, 2006, such oral gift
of money is legal, valid and binding inasmuch as in the books of
account
yards. It was
stated that 50% of the land was gifted orally to her daughter, Smt. N.
Dhanalaxmi. This land was sold along with ... reassessment proceedings, the Assessing
Officer noted that the oral gift is not valid in law and, therefore, he
proposed to assess the entire sale consideration
family whose advice is taken before giving any gift
Q.No. 27 The total amount of gift made by you from Dec. 1999 to July ... above documentary and oral evidence on record, the requirement of law for establishing a validly executed gift of movable properties are fully satisfied inasmuch
Loan', listed in the Schedule to the `Will' were orally
gifted, will stand automatically disproved.
9. The Learned Counsel for the Appellant proceeds ... must be held that the
plaintiff has failed to prove any valid gift in her favour. On this
finding the plaintiff's suit must
Loan', listed in the Schedule to the `Will' were orally
gifted, will stand automatically disproved.
9. The Learned Counsel for the Appellant proceeds ... must be held that the
plaintiff has failed to prove any valid gift in her favour. On this
finding the plaintiff's suit must
Major S. Qureshi. Thus, oral gift was accepted by Smt. Arjumand Bano Begum and on the basis of this oral gift, she acted upon treating ... wife because the so-called gift deed was not a registered document, rather it was simply an oral gift which was subsequently accepted
