Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2004 (5) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2004 (5) TMI 45 - ALLAHABAD HIGH COURTTribunal is not right in holding that if the property is self-acquired property in the hands of a Hindu male it will remain self-acquired property even after his death. This is not correct - On the death it becomes ancestral property in the hands of his sons. "All property inherited by a male Hindu from his father, father's father or father's father's father, is ancestral property", (vide Mulla's Principles of Hindu Law). - these appeals are allowed and the impugned judgment of the Tribunal is set aside and the orders of the Commissioner of Income-tax (Appeals) holding that in the absence of a will the self-acquired property of a father dying intestate and the income thereon was in the status of a Hindu undivided family, is restored
|