Major V.P. Singh And Others vs State Of U.P. And Others on 20 March, 1991 Equivalent citations: AIR1991SC1502, [1993]199ITR188(SC), JT1991(3)SC14, 1991SUPP(2)SCC346, AIR 1991 SUPREME COURT 1502, 1991 AIR SCW 1452, 1991 ALL. L. J. 451, 1991 (2) SCC(SUPP) 346, (1991) 3 JT 14 (SC), 1991 SCC (SUPP) 2 346, (1991) 2 LANDLR 143, (1993) 199 ITR 188, (1993) 113 TAXATION 137, (1991) REVDEC 316 Bench: Ranganath Misra, Chief Justice, Kuldip Singh JUDGMENT 1. These appeals by special leave are directed against the decision of the Allahabad High Court in writ petitions arising out of proceedings under the Uttar Pradesh Imposition of Ceiling on Land Holdings Act, 1960, as amended subsequently. The landholders are the appellants. 2. There is no dispute that 24th January, 1971, is the appointed date under the statute. Section 5(6) of the Act categorically provides that any transfer of land after that date would be inoperative, if in the absence of transfer, that land in the hands of the transferor, would have been subjected to the provision of the Act. It is not in dispute that the land in question is affected by that provision. 3. Reliance has been placed on the second clause of the proviso which saves transfers for adequate consideration between the appointed date and the date on which the statute came into force being 8th June, 1973. We are concerned with the gift which is the alienation in question, in favour of the landholder's wife's brother. The High Court dismissed the claim of the appellants by holding that Clause (b) of the proviso did not apply. That clause provides : A transfer proved to the satisfaction of the prescribed authority to be in good faith and for adequate consideration and under an irrevocable instrument not being a benami transaction or for the immediate or deferred benefit of the tenure-holders or other members of his family. 4. One of the basic requirements for availing the benefit of the proviso is that the transfer should be for adequate consideration. "Adequate consideration" has not been defined by the Act and, therefore, the High Court has relied upon the concept of gift in the Transfer of Property Act. This being a gift, reference has been made to Section 122 of the Transfer of Property Act where gift has been defined as under : "Gift" is the transfer of certain existing movable or immovable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee, and accepted by or on behalf of the donee. Major V.P. Singh And Others vs State Of U.P. And Others on 20 March, 1991  1 5. A gift is a transaction without consideration whereas exception under the proviso is in regard to a transaction for adequate consideration. In the absence of a definition of the phrase "adequate consideration", the common parlance meaning of the term has to be accepted. A reference to the decision of Hidayatullah, J. as he then was in Tulsidas Kilachand v. Commr. of Income-tax, Bombay City I shows that the words "adequate consideration" were held to denote consideration other than mere love and affection which, in the case of a wife, may be presumed. When the law insists that there should be "adequate consideration" and not good consideration, it excludes mere love and affection. The same view has been taken by this Court in Commr. of Wealth-tax, Andhra Pradesh v. Khan Saheb Dost Mohd. Alladin . Mr. Jain wanted us to accept his submission that these cases related to tax aspects and the meaning ascribed to the term in tax law should not be introduced into the present matters. We do not think this submission should be accepted. The appeals are devoid of merit and are dismissed. No costs. Major V.P. Singh And Others vs State Of U.P. And Others on 20 March, 1991  2