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1998 (12) TMI 49 - HC - Wealth-taxExtract: .......in it has been held that an individual who receives ancestral property at a partition and who subsequently acquires a family but has no male issues would hold that property only as property of the HUF. 18. For the reasons given by us in the earlier paragraphs, we answer the questions referred to us in favour of the Revenue and against the assessee.
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