Split Gift - Judgment Search Results

Dickman Vs. Commissioner

Court: US Supreme Court

..... 10 000 annually to each of any number of persons without incurring any gift tax liability footnote 8 the split gift provision of code 2513 a which effectively enables a husband and wife ..... each spouse simply put the net effect of this gift splitting provision is to double the gift tax exclusions and exemptions applicable to each gift by the donor in some states of course community .....

Estate of Sanford Vs. Commissioner

Court: US Supreme Court

..... the loss of surtax upon income where large estates are split up by gifts to numerous donees footnote 2 congress was aware that donors ..... it before relinquishing the power to change beneficiaries whether the gift first becomes complete and taxable at the time of relinquishing ..... the trusts in the humphreys case it argues that the gift upon trust with power reserved to the donor not afterward .....

Director General (investigation Vs. Daewoo Motors India Limited and

Court: Monopolies and Restrictive Trade Practices Commission MRTPC

..... from certain specified establishments departmental stores without even getting the gift voucher splitted in fact the said trade practice is case of tie ..... main issue which arose for consideration was with regard to the gift and financing schemes launched by respondent no 1 which may be ..... respondent no 1 has inter alia submitted that it has provided gift coupons worth rs 20 000 to such buyer who have .....

Commissioner of Gift-tax Vs. Bhupathiraju Venkata Narasimharaju

Court: Andhra Pradesh

Reported in: [1975]101ITR74(AP)

..... been gijted under the concerned instruments and the total assets the gifts made by such instruments cannot be split up and new gifts created by the tribunal or the assessing authorities to consider ..... its judgment dated april 16 1965 in bhupathiraju narasimharaju v commissioner of gift tax air 1936 mad 825 this court split up the question into two parts the first part was whether .....

Jupudi Sesharatnam and ors. Vs. the Gift Tax Officer, Palacole, West G ...

Court: Andhra Pradesh

Reported in: AIR1960AP115; [1960]38ITR93(AP)

..... tax on higher incomes the tendency of the people will be to make gifts inter vivos and thereby split up large fortunes which will result in the diminution of sur taxes etc ..... the gift tax has been resorted to as a safeguard against these things 3 the .....

Sharayu Ramkrishna Mhatre and Another Vs. Chandrakant Ramkrishna Mhatr ...

Court: Mumbai

..... the attempt of the defendant no 1 to split the properties mentioned in the gift deed and diverting the issues in the suit ..... the applicants revisited the plans and the schedule to the impugned gift deed and realised that inadvertent error and thus filed this ..... father of both plaintiffs and defendants is maintainable and whether alleged gift deed executed by deceased father in favor of defendant no 1 .....

Untermyer Vs. Anderson

Court: US Supreme Court

..... evasion of the estate tax by gifts inter vivos and evasion of the income tax by the splitting up of fortunes and the ..... were presented for the consideration of congress untermyer made his gift may 23 1924 some three months after those provisions were ..... consequent diminution of surtaxes if as is thought by the court congress intended the gift tax to apply to all gifts .....

Mirza Mehdi HusaIn Vs. Sikandar Nawab and ors.

Court: Allahabad

Reported in: AIR1955All255

..... 1882 property subject to usufructury mortgage split in two parts equity of redemption and mortgagee rights gift by mohammedan delivery of possession ..... propertywhich is made the subject of an usufructuary mortgage is split up into two parcels theequity of redemption and the mortgagee ..... the conduct of the donor exhibited seven years after the gift deed cannot be taken into consideration in arriving at a .....

K.E. Aysha and Others Vs. Kunhipurayil Shaik Moideen

Court: Kerala

..... but also the adjacent room a splitting up of the tenancy by shereefa beevi through the gift deed is not permissible in law ..... provision a single indivisible contract of tenancy cannot be split up and also that splitting up of tenancy is not contemplated under kerala ..... requested that the rent control court be directed to consider whether splitting up of tenancy in the present case has not resulted .....

Kanakarathanammal Vs. V.S. Loganatha Mudaliar and anr.

Court: Supreme Court of India

Reported in: AIR1965SC271; [1964]6SCR1

..... is difficult to see how the transaction could be split up into two parts i e a gift of the money by the father to the mother ..... that money in my judgment upon the pleadings there is no scope for splitting up the transaction into two parts like this it is not even ..... falls it would not be possible to entertain the argument that the gift of the money and the purchase of the property must be treated .....