Ravinder Kaur vs Gagandeep Singh

The Supreme Court disposed of the appeals following a settlement reached between the parties after extensive mediation efforts, as recorded in the mediator's report dated 05.09.2018. The Court emphasized that the payments made as part of the family partition will not incur capital gains tax, ensuring clarity on tax implications. This judgment underscores the importance of amicable resolution in family disputes and the role of mediation in achieving such outcomes.